10-03-2014

In year 2013, Agricultural Credit Guarantee Fund issued 242 guarantees for 81,3 million LTL

In year 2013, the Agricultural Credit Guarantee Fund (hereinafter referred to as the Fund) issued 242 guarantees for 81,3 million LTL for 133,4 million LTL of credits granted to farmers, rural entrepreneurs and processing companies. Since the beginning of its activities (since year 1997), the Fund has already issued 4442 guarantees for 2,4 billion LTL to credit institutions for their credits amounting to 3,2 billion LTL.

 
07-08-2013

OECD publishes study on the role of guarantee institutions to support SME access to finance

OECD's Working Party on SMEs and Entrepreneurship (WPSMEE) published a study on “The role of Credit Guarantee Schemes and Mutual Guarantee Societies in supporting finance for small and medium-sized enterprises”. 

15-07-2013

The first half of a year the demand of credit guarantees remained stable

During the first half of a year Agricultural Credit Guarantee Fund (hereinafter – Company) issued 128 credit guarantees worth LTL 33,4 million for LTL 56 million borrowed from credit institutions by farmers, rural entrepreneurs and agricultural processing companies. Since the beginning of its activity, the Company has already issued LTL 1,1 billion worth guarantees to credit institutions for the economic entities credits amounting to LTL 1,8 billion.

 
30-06-2013

Agricultural Credit Guarantee Fund participated in General Assembly of AECM

On 20th -21st of June, 2013 in Rome, Italy the representatives of Agricultural Credit Guarantee Fund participated in annual General Assembly meeting of the European Association of Mutual Guarantee Societies (AECM) and Seminar on the topic of “EU SME Support Programmes – The Future Programming Period and the State Aid Framework”. The series of events was kindly hosted by, and co-organized with, AECM's 2 Italian Member Organizations: Assoconfidi (the national umbrella organization for the confidi – mutual guarantee societies), and SGFA (Società Gestione Fondi per l'Agricoltura ).

21-05-2013

FAO Study on Credit Guarantee Schemes in Agriculture

The Food and Agriculture Organization (FAO) of the United Nations recently published a study on credit guarantee systems for agriculture and rural development. The activity of Agricultural Credit Guarantee Fund, as a successful case example of functioning guarantee institutions, also analised. 

03-01-2012

New facility – guarantees for leasing companies

On 1st January 2012, the new amendment of Rural Credit Guarantee Fund came into force, according to which the guarantee fund will start a new facility – the guarantees, not only for the banks and the credit unions,  but also for the leasing companies.

11-09-2011

Meeting with the representatives from the Republic of Macedonia

On 6-8 September, 2011 the representatives Mr.G.Bozinov and Mr.S.Kutleshovski from the Ministry of Agriculture, Forestry and Water Economy of the Former Yugoslav Republic of Macedonia according to European Commission Directorate-General Enlargement Study Visit on Credit policy in agriculture and rural areas programme had traineeship visit in Lithuanian Rural Credit Guarantee Fund.

19-06-2011

Rural Credit Guarantee Fund participated in General Assembly of AECM

On 8-11 June, 2011 in Tallinn, Estonia Rural Credit Guarantee Fund participated in Global Conference on Guarantee Schemes for SME Financing, General Assembly of European Association of Mutual Guarantee Societies (AECM) and annual seminar „ Microfinance and Guarantees: how guarantees can make a difference in access to finance for small and micro companies“.

24-04-2011

During the 1st quarter of year 2011 the Fund has issued more than 100 credit guarantees

During the 1st quarter of year 2011, the Rural Credit Guarantee Fund (hereinafter referred to as the Fund) has issued 102 guarantees for 24,4 million LTL for 37,7 million LTL of credits granted to farmers, rural entrepreneurs and processing companies. The total amount of guarantees for these economic entities account for 883,1 million LTL and it allowed to borrow from the credit institutions almost 1,5 billion LTL.

31-03-2011

The New State Guarantee Limit Has Been Approved for 2011

By the order No.339 of 23 March 2011 the Government of the Republic of Lithuania has approved state guarantee limit for the Rural Credit Guarantee Fund. The state guarantee limit for 2011 is 560 million LTL.

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