Events

At the same time, a new guarantee product was put on the table, dedicated to companies managed by women entrepreneurs, which provides for the granting of financial guarantees up to RON 700.000, with a coverage rate of up to 70 % of the loan amount, over a guarantee period of up to 60 months. The annual fee will be the same as for the other guaranteed products – 0.5 % annually of the amount of the guarantee.

The Credit Guarantee Fund is managed by ODIMM and aims to facilitate access to the resources borrowed for Small and Medium-sized Enterprises. The FGC currently guarantees 50 or 70 per cent of loans accessed by start-ups, companies with more than one year of activity, companies exporting goods and materials, companies run by young entrepreneurs aged 18-30 and companies run by women. Financial guarantees granted may cover up to 70 per cent of the loan.

During the activity, ODIMM collaborates with several commercial banks in the Republic of Moldova, including FinComBank SA, BC Moldova-Agroindbank SA, BC Victoriabank SA, Romanian Commercial Bank Chișinău SA, BC ProCredit Bank SA, BC Moldindconbank SA, BC Comercițbank SA.