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CGF Guarantee

With guarantee support provided by it to SMSE’s in need of financing and not having the necessary collateral, CGF renders it possible for them to use bank loans in financing their investments and business.

In 2010 our Bank moved to a different point its works with the Credit Guarantee Fund and joined the CGF partners so as to support SMSEs. Thus our Bank, besides provision of CGF guarantee support by the Equity Method in place since 2007, aimed to add a Treasury-supported guarantee system to its range of products under the new protocol, thereby speeding up the processes and diversifying its support to SMSEs. Accordingly, we encourage all the SMSEs,

  • Having investment projects aimed at capacity, turnover and employment increases,
  • Having been operating for at least two balance sheet periods and is still in business,
  • Having no tax or SGK debt or having get its debt restructured without violating such restructuring later,

to visit our branches to make their Credit Guarantee Fund guarantee applications and discuss other conditions.

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