This year, the Guarantee Fund of RS plans to support entrepreneurs and farmers with 272 guarantees, whose total value amounts to 12.2 million BAM.
Adopted by the RS Government, the business plan of the Guarantee Fund for 2017 plans to spent 6.7 million BAM, and for new loans 5.5 million BAM.
“By issuing the guarantee, the support will be given to commercial banks and other financial intermediaries and to the Investment and Development Bank of RS who places money through commercial banks. We will support the investments of the Fund “Partner” and IFAD project”, is stated in the business plan of the Guarantee Fund of the RS.
The plan of issuing guarantees envisaged for this year is to support the commercial banks with 33.46% placements, and with 36.49% placements to existing guarantee credit-lines, and with 30.38% guarantee new bank lines.
The ministers gave the green light for a three-year business plan for the Guarantee Fund.
(Source: akta)
