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Authorized capital of Guarantee Fund increased by 300 million soms

The authorized capital of Guarantee Fund OJSC was increased by 300 million soms. The Prime Minister Mukhammedkaly Abylgaziev made such a decision.

This was made to improve the efficiency of the company and create conditions for better meeting the needs in guarantees of small and medium-sized businesses in the regions of Kyrgyzstan.

«The decision to increase the authorized capital of the Guarantee Fund is aimed at implementing the provisions of the Concept of Regional Development of Kyrgyzstan for 2018-2022,» the press service of the Cabinet stressed.