The fund provided 7,773 counter-guarantees amounting to RON1.063 billion in 2011, and 3,037 counter-guarantees of RON650 million in the first six months of 2012.
Their number and volume hit a record-high in June this year, said the fund.
FRC supported some 8,000 small and medium-sized enterprises (SMEs) and 144,000 jobs in the six months of the year. Some 69% of the overall counter-guarantees were provided for circulating capital and 31% for investments.
The number of counter-guarantees for EU co-financing rose from 78 in 2010 to 436 last year. In the first semester of 2012, the number of counter-guarantees for European co-financing hit 262.
The fund’s shareholders are the Economy Ministry (68%) and the Post-Privatization Foundation (32%). (EUR1=RON4.5176)