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Home Business Banking Loans National Credit Guarantee Scheme

National Credit Guarantee Scheme

The National Credit Guarantee Scheme (NCGS) is a counter cyclical policy measure during the COVID-19 situation to stimulate investments through enhanced access to finance. The Government will guarantee a portion of the loan under the scheme.

The Guarantee will be limited to debt financing of the project. NCGS coverage will not exceed Nu. 30 million.

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