Credit Guarantee Institutions as in other examples in world undertake the task of transportation of government support to the beneficiaries based on its public nature service.
With the aim of providing financing support for the SMEs affected by the global crisis in 2008, TRY 1 billion counterguarantee provided by Treasury regarding the Cabinet decree numbered 2009/15197.
The said fund was raised up to TRY 2 billion with the “Regulations on Amendment to the Certain Laws and Legislative Decrees” numbered 6637 and dated 27.03.2015.
Treasury counterguarantee of 25 billion TL provided by “Decree on Treasury Support Provided to Credit Guarantee Institutions” dated 31.10.2016 and numbered 2016/9538, amended by the Cabinet Decree numbered 2017/9969.