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TIF General Director Participated in the Anniversary Conference of the Guarantee Fund of the Kyrgyz Republic

TIF General Director Participated in the Anniversary Conference of the Guarantee Fund of the Kyrgyz Republic

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On 25 September 2026, General Director of the Turkic Investment Fund Mr. Ramil Babayev participated in the international conference marking the 10th anniversary of the OJSC “Guarantee Fund” of the Kyrgyz Republic and contributed to the panel session titled “Global Trends in Cross-Border Cooperation in Entrepreneurship Support, Including Guarantee Mechanisms.”

In his presentation, Mr. Babayev addressed the persistent financing gaps faced by micro, small and medium-sized enterprises (MSMEs) and highlighted the role of credit guarantees and risk-sharing mechanisms in expanding access to finance, reducing collateral constraints and mobilizing private capital.

He further outlined potential areas for enhanced cooperation between the Turkic Investment Fund, national guarantee institutions and development partners, including MSME finance, trade finance, infrastructure and energy transition, and local-currency financing.

The discussion highlighted the importance of complementarity, additionality and regional cooperation in strengthening financial support mechanisms and fostering sustainable private-sector development across the Turkic region.

Expanding financial inclusion and local enterprise, the Turkic Investment Fund and the Guarantee Fund formalized a partnership through a newly signed Memorandum of Understanding (MoU). The agreement sets a robust framework for mutual cooperation dedicated to empowering small and medium-sized businesses and accelerating economic growth in the Kyrgyz Republic.

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