The guarantee Fund summed up the half-year results

111 sureties for 763 million rubles were issued by the Guarantee Fund of the Republic of Tatarstan subordinated to the Ministry of economy. The total amount of funding raised under surety amounted to 2 billion 708 million rubles.

The Guarantee Fund reports, that their most popular product is "Standard". 72 out of 111 sureties issued within it's framework. 

In addition, the Fund managed to raise 26.7 million rubles as part of the financial support of agricultural producers. The total amount of the loan under 20 sureties amounted to 130 million rubles.

The Fund issued 5 sureties in the framework of the product "Industrial development". Its participants are residents of industrial parks, sites, technoparks, SEZs and PSEDAs, as well as SMEs that attract financing secured by intellectual property.

The Guarantee Fund implements joint projects, too. Thus, in the first half of 2019, 9 sureties in the amount of 27.3 million rubles were provided for the subsidiary product "Bridge of opportunities" jointly with VTB. There have been raised 75.7 million rubles of borrowed financing.

5 guarantees have been issued within the project "Coguarantee" implemented jointly with JSC "Corporation "MSP" and JSC "MSP Bank" . The purpose of this loan is investment and replenishment of working capital.

In General, the results of the half-year indicators increased almost 2 times. During the same period of 2018, 53 guarantees were issued for 398 million rubles, with a total funding of 1 billion 529 million rubles.