The results of the second deposit auction

On October 1, 2020, within the framework of the implementation of the program “Increasing access of SMEs to financing in order to mitigate consequences of coronavirus infection COVID-19”, the Guarantee Fund held the second deposit auction.

The auction was attended by five 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 190 million KGS, the average rate to the ultimate beneficiaries is 9.75% per annum.