A SEMINAR FOR EMPLOYEES OF “KYRGYZSTAN” BANK WAS HELD ON SEPTEMBER 13

Guarantee Providing Mechanism.

Specialists of OJSC “Guarantee Fund” held a seminar for credit specialists of CB “Kyrgyzstan” on September 13. The seminar had educational fashion and was devoted to consideration of the mechanism for providing guarantees of OJSC “Guarantee Fund”.

9 employees of a partner bank, including one representative from each of Bishkek and Chui region branches.

***

The specialists of the fund also familiarized bank employees with the nominations of the action announced by the fund to stimulate credit specialists of partner banks. In fall of this year, the results of the action will be summarized, according to the results of which, bank experts, who issued more loans under guarantees in monetary and quantitative terms in the regions of the republic, will receive prizes.

***

Note that CB “Kyrgyzstan” has been cooperating with guarantee funds since 2012. Particularly, as of August 31, 2019, under the guarantees of “Guarantee Fund”, the bank issued loans in total of 583 million KGS. The volume of guarantees amounted to 183 million, and the number of loan receivers – 88 people.

For 8 months of 2019, as of August 31, 35 entrepreneurs received loans under guarantees in sum of 84 million KGS.