Posted on 16/10/2017

On October 16, 2017, a cooperation agreement was signed between the Sheikh Zayed Fund and the non-profit organization Guarantee Fund of the Chechen Republic.

The existence of an agreement with the "Guarantee Fund of the Chechen Republic" NGO will allow the clients of LLC "Sheikh Zayed Fund", having insufficient collateral base, to obtain guarantee of the Guarantee Fund up to 70% of the required security.

The "Guarantee Fund of the Chechen Republic" was created in accordance with the Order of the Government of the Chechen Republic No. 323-r dated September 5, 2011 with the purpose of providing guarantees for obligations (credit agreements, loan agreements, leasing agreements) for small and medium-sized businesses and organizations that form the infrastructure support of small and medium-sized enterprises of the Chechen Republic.

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