The Kosovo Credit Guarantee Fund (KCGF) signs a guarantee agreement with PriBank. This event marks the expansion of agreements that KCGF establishes with Financial Institutions. Additionally, through this agreement, KCGF will cover up to 50% of the credit risk for micro, small, and medium enterprises, enabling PriBank to expand lending to Kosovar businesses.
On this occasion, the Executive Director of PriBank, Mr. Fatos Krasniqi, emphasized:
“We are pleased to announce that PriBank is joining the Kosovo Credit Guarantee Fund (KCGF). The collaboration with KCGF will enable PriBank to offer secure and affordable loans to businesses, contributing to increased access to finance and improving financing conditions in our country. Being part of KCGF gives us the opportunity to expand our service offerings and strengthen our position as a reliable bank in the financial market. This step will allow us to increase support for micro, small, and medium enterprises, as well as encourage the development of new and sustainable initiatives in the economy. Together, we will build a more secure financial future.”
On this occasion, the Managing Director of KCGF, Mr. Besnik Berisha, stated:
“We are pleased to sign the guarantee agreement with another bank in Kosovo today. This agreement with PriBank will enable the expansion of lending to micro, small, and medium enterprises. Furthermore, today’s agreement will contribute to achieving the goal and fulfilling the mission of our institution, which is the creation of new jobs, the growth of local production, and the strengthening of services that add value to economic growth.”