Guarantee Fund issues guarantees for 204 mln soms since beginning of 2020

09:44, 14 мая 2020, Bishkek - 24.kg news agency , Tatyana KUDRYAVTSEVA

The Guarantee Fund OJSC of Kyrgyzstan has issued 593 guarantees for 204 million soms for four months of 2020. Chairman of the fund’s Board, Malik Abakirov, told at a briefing.

According to him, 98 percent of the guarantees were directed to the regions. Since the beginning of the year, the equity capital of the fund has grown by 2 percent — from 1,205 billion soms to 1,225 billion.

«Taking into account the current economic situation in the country, to support small and medium enterprises — guarantees, the Guarantee Fund OJSC approved restructuring of 140 guarantees for 165 million soms,» Malik Abakirov told.