Akchabarsearch
OAO "Garantijnyj fond" records profit exceeding 400 mln som for third consecutive year in 2024

Published

02/26/2025, 15:14

OAO "Garantijnyj fond" records profit exceeding 400 mln som for third consecutive year in 2024

JSC ‘Guarantee Fund’ summarised the results of 2024, having recorded a record net profit of KGS 440.85 million. This indicator exceeded the results of previous years: in 2022 the profit was KGS 411 million, and in 2023 - KGS 418.5 million.

The Fund demonstrates a stable growth of income, which indicates an increased demand for business guarantee services. This allows companies to more actively attract credit resources and develop their activities.

Since its establishment, the Guarantee Fund has been supporting entrepreneurs in Kyrgyzstan by providing access to financing in excess of KGS 35.4 billion and guarantees in excess of KGS 11.5 billion. The results achieved emphasise the importance of the Fund in the development of small and medium-sized businesses in the country.


Read Similar