Press releases
Credit Guarantee Fund (CRF) – ODIMM analysis and planning session
On 25 August, the first session of analysis and discussion took place with a view to making the work of the Credit Guarantee Fund (FGC) more efficient, within the framework of the Improvement of Competitiveness II project (CAP II).
The meeting was attended by ODIMM WG members and Business & Finance Consulting (BFC) experts.
The members of the Working Group examined new levers to facilitate access to finance for Moldovan small and medium-sized enterprises by re-shaping existing guarantee products and processes. Following consultations and discussions with the FGC’s partner banks, the experts made a number of recommendations and suggestions on how to improve the Programme.
The CAP II project is financed by the World Bank and its main objective is to increase the competitiveness of domestic businesses, in particular SMEs, by facilitating access to medium- and long-term financing, access to new markets, improving the business regulatory framework.
The project also provides for strengthening the institutional capacities of ODSMEs and MIEPO by developing strategies, services for local businesses that will boost their access to new markets and increase their competitiveness.
