Bashkortostan Guarantee Fund has attracted new partner.

The Bashkortostan Guarantee Fund has expanded its partner network by signing a cooperation agreement with the Asian-Pacific Bank. Its head office is located in Blagoveshchensk, Amur Region, and it has an office in Ufa.

The RB Guarantee Fund supports small and medium-sized businesses. Now, APB will also provide loans to small and medium-sized businesses under the guarantee of the Guarantee Fund.

The document was signed by Guzel Akhmetshina, Acting Director of the "Agency of the Republic of Bashkortostan for the Development of Small and Medium Entrepreneurship," and Ilnur Salyakhov, Deputy Chairman of the Management Board of JSC "APB."

The expansion of the partner network is being implemented as part of the national project "Efficient and Competitive Economy," according to the RB Ministry of Entrepreneurship and Tourism.

Author: Elina Akhmetova