УСТАВНЫЙ КАПИТАЛ ОАО «ГАРАНТИЙНЫЙ ФОНД» ПРЕВЫСИЛ МИЛЛИАРД И ТЕПЕРЬ СОСТАВЛЯЕТ 1,132 МЛРД. СОМОВ

News of the day.

This happened due to the fact that the National Bank of the Kyrgyz Republic purchased an additional issue of shares of the open joint-stock company “Guarantee Fund” in the amount of KGS 550 million.

The funds are allocated at the account of OJSC “GF” today – July 19. Thus, the National Bank entered the number of shareholders with a share of about 49 percent. The authorized capital of OJSC “GF” has exceeded one billion and now amounts to KGS 1.132 billion.

If we compare the size of the authorized capital of OJSC “GF” with the indicators of the banking system, then it takes 8th place among the banks of Kyrgyzstan (!).

As noted in the Order of the Government of the Kyrgyz Republic of June 18, 2019, “additional capitalization of the OJSC “Guarantee Fund” will contribute to an increase in the number of guarantees issued, an increase in the volume of loans issued by partner banks, the average amount of guarantees, the volume of the guarantee portfolio, the number of created and supported jobs. “

We also recall that in accordance with the new version of the Law of the Kyrgyz Republic “On guarantee funds in the Kyrgyz Republic”, the NBKR will regulate and supervise the activities of guarantee funds. The National Bank of the Kyrgyz Republic has already developed relevant regulatory legal acts and submitted it for public discussion.