SEMINARS ON MECHANISMS OF PROVIDING GUARANTEES WERE CONDUCTED IN FOUR DISTRICTS OF OSH REGION

Seminars in Regions.

From October 23 to 30, 2019, an employee of OJSC “Guarantee Fund” Saparbay uuly Altynbek, with the company of regional representative Adilet Alimzhanov, conducted seminars for employees of branches of partner banks in four districts of Osh region – Kara-Suu, Uzgen, Kara-Kuldzha, and Alai.

During the meetings, the mechanisms of providing guarantees were discussed, as well as the interaction between the employees of OJSC “Guarantee Fund” and loan specialists of partner banks. The following issues were considered:

  • Increase in the availability period for credit lines with the participation of the Fund;
  • Decrease in the commission of the Fund for priority sectors;
  • Lack of access to external email from partner banks;
  • Reducing the number of documents for consideration of a guarantee;
  • Changes to the guarantee application form.

Employees of OJSC “Guarantee Fund” handed over information brochures, booklets, posters to bank branches, provided sample documents for obtaining guarantees (application forms, guarantee contract templates, guarantee letter templates, presentations, etc.)

74 employees, in total, from 20 bank branches participated in the seminars on the topic “Mechanisms of providing guarantees”.

At the end of the meetings, the employees of OJSC “Guarantee Fund” reminded the participants of the seminars about the incentive campaign conducted by OJSC “Guarantee Fund” for loan officers of the regional branches of partner banks involved in issuance of loans under a guarantee of the Fund. The winners will be those who issue more loans under guarantees, in terms of quantity and amount. The Fund staff reminded and encouraged to actively participate in the process.