The Guarantee Fund provided businesses with loans totaling nearly 55 billion soms.

Ирина Орлонская Economy / Exclusive
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The Guarantee Fund has provided businesses with loans totaling nearly 55 billion soms

Currently, the Guarantee Fund collaborates with 28 organizations, as reported by the press service.

Among the fund's partners are 19 banks, 3 microfinance institutions, and 1 microcredit company, as well as several development funds, including the Russian-Kyrgyz, Uzbek-Kyrgyz, Azerbaijani-Kyrgyz, and Hungarian-Kyrgyz funds.

The network of branches of these partners covers more than 320 locations across the country.

The branches of the Guarantee Fund operate in six regions, offering business development loans secured throughout Kyrgyzstan.

As of February 11 of this year, the fund has issued 20,995 guarantees totaling over 18 billion soms, enabling local entrepreneurs to obtain loans amounting to 54.8 billion soms.

The fund's partners include the following institutions:

* OJSC "Aiyl Bank"

* OJSC "Eldik Bank"

* OJSC "Keremet Bank"

* OJSC "Bai-Tushum"

* OJSC "Bakay Bank"

* CJSC "Bank of Asia"

* CJSC "Bank Companion"

* OJSC "Demir Kyrgyz International Bank"

* OJSC "Capital Bank"

* OJSC "MBank"

* CJSC "KICB"

* CJSC "Commercial Bank KSB"

* OJSC "Optima Bank"

* CJSC "FINCA Bank"

* OJSC "O!Bank"

* OJSC "Dos-Kredobank"

* OJSC "Kyrgyzkommertsbank"

* OJSC MFC "Salym Finance"

* OJSC "Russian-Kyrgyz Development Fund"

* OJSC "Uzbek-Kyrgyz Development Fund"

* Hungarian-Kyrgyz Development Fund

* Azerbaijani-Kyrgyz Development Fund

* OJSC "State Development Bank"

* OJSC MFI "Entrepreneurship Development Fund"

* OJSC "FinanceCreditBank"

* CJSC MFI "Elet-Capital"

* OJSC MFI "ABN"

* Financial and Credit Fund under the Ministry of Finance of the Kyrgyz Republic.
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