GUARANTEES IN THE FRAMEWORK OF OJSC “Guarantee Fund” PROGRAM FOR SUPPORT OF ENTREPRENEURS
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Program of OJSC “Guarantee Fund”.
Within the framework of the program of OJSC “Guarantee Fund” “Increasing the access of SMEs to financing in order to mitigate the consequences of coronavirus infection COVID-19” on March 5, 2021, 375 guarantees were approved for the amount of 330.2 million soms.
Partner banks of the program approved loans in the amount of 419.1 million soms. It should be noted that under this program entrepreneurs are offered attractive conditions: the loan rate is no more than 10 percent, the term is no more than 36 months, the amount of the loan is up to 10 million soms.
Partner banks include «Aiyl Bank», «RSK Bank», «Bakay Bank», «Bank of Asia», «Halyk Bank Kyrgyzstan», «KB Kyrgyzstan» and «Capital Bank».
Recall that OJSC «Guarantee Fund» allocated 1 billion soms for this program, which are distributed among banks through deposit auctions according to the submitted applications for lending to SMEs.