12.14.2015

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Law on the Establishment of the Kosovo Credit Guarantee Fund APPROVED

December 14, 2015, Pristina – The Kosovo Assembly approved the draft Law on the Establishment of the Kosovo Credit Guarantee Fund (KCGF). The Law provides a legal basis for the KCGF as one more component in the framework to address the problem of limited access to finance for micro, small, and medium size enterprises (MSMEs) in Kosovo. It foresees the establishment of the KCGF as a local, independent, sustainable credit guarantee facility which will issue loan portfolio guarantees to financial institutions, enabling them issue new loans and to increase the number and amount of loans granted to MSMEs, hopefully on better terms and conditions than presently available.

The KCGF capital will be funded by the Ministry of Trade and Industry (MTI) and international donors – including USAID, KfW, SECO. Following the adoption of the Law, the KCGF is expected to start operation as soon as possible, to ensure the effective allocation of the donor funds.

The Kosovo Credit Guarantee Fund is envisioned as a means that will positively impact the country’s economic growth as well as increase employment opportunities.

6th Anniversary – Approval of the First Loan Guarantee

6th Anniversary – Approval of the First Loan Guarantee

  SIX YEARS SINCE THE APPROVAL OF THE FIRST LOAN GUARANTEE   The Kosovo Credit Guarantee Fund (KCGF) is pleased to announce that it has been six years since the first credit guarantees were approved. Through loan guarantee, the Fund has improved the...

KCGF attended the biggest AECM Annual Event

KCGF attended the biggest AECM Annual Event

KCGF attended the biggest AECM Annual Event The  AECM - European Association of Guarantee Institutions biggest Annual Event was held in Vienna  on 14-17 September 2022. The representing team from KCGF consisting of: Rinor Gjonbalaj- Chairman of the Board; Besnik...

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METAL IN SOLAR PANNELS - A SMART INVESTMENT Metal manufacturing is a difficult industry, we witnessed on site when visited the factory with over 25 workers, numerous machines for the iron processing; altering them into metal wires, as a ready product for market needs....