Resolution No. 184 Board of the National Bank validating the Instruction on the regulation of the activities of the Fund for the partial guarantee of loans in agriculture.

This Instruction defines the procedure for regulating the activities of the Fund during the provision of support to business entities that carry out activities in the field of agriculture, the main type of activity of which is the production of agricultural commodities and meet the criteria defined by the Law on the Partial Guarantee Fund, and also belong to the participants, of the target group of business entities, of the Fund, by partially guaranteeing the fulfillment of their obligations to financial institutions. The Fund is obliged to comply with the following mandatory regulations limiting risks in transactions with financial assets: (a) the amount of unreserved credit risk; (b) the maximum risk for one principal or a group of counterparties related to the principal contract partner; and (c) liquidity reserve.