In order to promote small and medium-sized businesses’ development and competitiveness by improving their access to finance, the government of Hungary and major representatives of the financial community, including commercial banks, savings and co-operatives banks as well as professional interest representation organisations established a joint-stock company under the name Creditguarantee Ltd. in 1992. The company’s […]
AVHGA – the Rural Credit Guarantee Foundation was established in 1991 in the framework of the EU pre-accession fund PHARE Programme, by the Ministry of Agriculture and by 5 commercial banks. It cooperates with the whole Hungarian banking system. Thanks to AVHGA’s guarantee, small businesses reach improved creditability and more favourable risk rating by mitigating […]
TESKOMB is working to meet tradesmen and craftsmen financial needs as a unique Union. The Tradesmen and Craftsmen Credit and Guarantee Cooperative, guarantees 100 % to the credits allocated by Halkbank for tradesmen and craftsmen. Today, TESKOMB has 32 regional unions, 1008 Tradesmen and Craftsmen Credit Guarantee Cooperatives, 10,000 administrators and staff and 1,500,000 partners. […]
Established in 1991, Kredi Garanti Fonu (KGF) is a non-profit joint stock company pursuant to its Articles of Association. Following the completion of the establishment process in 1993, KGF issued its first guarantee in 1994. Since then, the company has been serving the primary objective of providing guarantee and collateral support for SMEs and non-SMEs […]
Národní rozvojová banka (NRB) / National Development Bank (NDB) is a specialised state-owned banking institution aimed at contributing to sustainable economic development of the Czech Republic. It is the main provider of financial instruments funded from public national and European resources as well as from own resources and in cooperation with private capital. It has […]
CESGAR is a non-profit association, established in 1980, with the corporate purpose of assuming the functions of coordination, cooperation, defence and representation of the interests of the 18 mutual guarantee societies existing in Spain. It promotes all kinds of agreements with public or private, national or foreign institutions that benefit the associates. It carries out […]
The Slovene Enterprise Fund (SEF) is a public financial fund for financial support to Slovenian micro, small and medium-sized enterprises (SMEs) with favourable guarantee, credit and equity lines for the growth and development of the SMEs and start-up lines for new enterprises. The purpose of SEF’s operations is to improve access to favourable financial resources […]
The Guarantee Fund of the Republic of Srpska was established in 2010 in order to support entrepreneurship by facilitating access to financial resources necessary for conducting business activities of SMEs and entrepreneurs that are based in the Republic of Srpska. The essential mission of the Fund is to support development projects that could not be […]
The FRC was established in 2009 in the midst of the global economic crisis, by law, to facilitate the access to finance for the Romanian small and medium-sized enterprises, thus being activated loans’ guarantee & counter-guarantee financial mechanism and its benefits for all parties involved. The European Commission and the EBRD supported – through a […]
The National Credit Guarantee Fund for Small and Medium Enterprises (FNGCIMM SA-IFN) is a non-banking financial institution established to facilitate the access of SMEs to financing, by granting guarantees for financing instruments contracted from commercial banks or from other sources. FNGCIMM SA-IFN (hereinafter referred also as the Fund) acts as a policy maker vector, implements […]
