The meeting of the Supervisory Board of Guarantee fund of the Republic of Tatarstan took place

20 August 2015, Thursday

On On August, 19, 2015 the meeting of the Board of Trustees of the non - profit organization "Guarantee fund of the Republic of Tatarstan" (hereinafter - the Fund) was held. In the meeting was reported a rept on the activities of the Fund for the I half - year of 2015, the changes in the procedure of provision the guarantees:

ü the requirement of 6 months of work experience for businessmen as a condition of the guarantee are canceled;

ü the restrictions on the term (1 year) and amount (1.0 mln. Rub.) of the credit agreements are lifted;

ü it is set a factor of 0.5 for industrial sites as a reparation for the guarantees.

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