The results of the deposit auction

On September 17, 2020, within the framework of the implementation of the program “Increasing access for SMEs to financing in order to mitigate the consequences of the coronavirus infection COVID-19”, the Guarantee Fund held a deposit auction.

The auction was attended by six partner banks that entered into an agreement with the OJSC “Guarantee Fund” within the framework of the above program.

According to the results of the deposit auction, the placement volume amounted to 300 million KGS, the average rate to the ultimate beneficiaries is 10% per annum.