Approximately 13 percent of SMEs loan guarantees, granted to European projects

The National Guarantee Fund for Loans to Small and Medium-Sized Enterprises (FNGCIMM) granted over 24,000 guarantees, worth 1.65 billion euros, out of which approximately 13 percent to co-finance European-financed projects, according to the data released by FNGCIMM on Tuesday in a seminar on European fund accessing.Therefore, the guarantying institution supported 3 billion-euro loans, out of which 11.2 percent were loans to co-finance European projects in approximately two ...

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