On March 31, 2025, the State Development Bank of the Kyrgyz Republic made the first disbursement of funds to finance an industrial project in the Issyk-Kul region under the guarantee of the Guarantee Fund OJSC.

This gives the borrower the opportunity to increase the availability of financing in the absence of collateral.

We would like to remind you that earlier, on February 26, 2025, an official ceremony of signing a cooperation agreement between the State Development Bank of the Kyrgyz Republic OJSC and the Guarantee Fund OJSC took place.

This step allows borrowers of the State Development Bank to use the guarantees of the Guarantee Fund, which provide collateral, which will allow the borrower to apply for a higher amount of financing.

The State Development Bank of the Kyrgyz Republic strives to make a significant contribution to the development of entrepreneurship, which contributes to the growth of the country’s economy.