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New Services from the Loan Guarantee Fund for Small and Medium Enterprises

January 5, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
New Services from the Loan Guarantee Fund for Small and Medium Enterprises

The Loan Guarantee Fund for Small and Medium Enterprises continues to expand its services to include operating loans, by signing agreements with 15 partner banks, which are expected to be completed by the end of January. The aim is to enhance financial support for project holders. Since November, the Loan Guarantee Fund has signed agreements with three banks to include operating loans among the guarantees it provides, with the number expected to rise to 15 banks by January 2026, according to the Fund's Director General, El Hadi Tamam. These agreements set the loan ceiling at 50 million DZD with a maximum guarantee of 35 million DZD, representing a coverage rate of 70 percent, according to the same source.

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