Banka Ekonomike signs guarantee agreement with Kosovo Credit Guarantee Fund

Banka Ekonomike and the Kosovo Credit Guarantee Fund signed a credit guarantee agreement that will provide micro, small and medium enterprises with easier access to financing, as well as greater security for the bank in terms of lending.

This agreement will benefit women’s businesses, farmers, as well as entrepreneurs who are unable to provide sufficient collateral to secure a loan. At the same time, this agreement aims to stimulate lending to those businesses whose investment plans will contribute to economic growth, as well as the generation of new jobs.

The application procedure is the same as the bank’s standard procedures and in this case, if the client does not fully meet the conditions for obtaining a loan such as: minimum collateral, minimum mortgage or minimum of any other type of collateral, the bank will enable the loan to be issued by using the KGFK guarantee.