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Georgia

Georgia’s Parliament approves draft factoring law in first reading...

The Parliament of Georgia has approved, in its first reading, the draft law on factoring along with a companion legal package, securing 85 votes in favour during a plenary session this week. The legislation, prepared as part of the Government’s legislative...

#factoring

WFY’25: Digital platforms and regulatory reforms expected to boost...

Tamara Khizanishvili, Head of Trade Finance and Factoring Department at TBC Bank, shares insights on the Georgian factoring market in…

#factoring


WFY’24: Only four banks offered factoring services in Georgia...

While still relatively new to the Georgian market, factoring has seen a notable increase in popularity in recent years, especially…

#factoring#Georgian factoring market#Tamara Khizanishvili


IFC invests US$150m in TBC Bank to boost SME...

IFC is investing US$150m in TBC Bank, Georgia's largest bank, to boost access to finance for its small and medium…

#IFC#sustainability#TBC Bank


EBRD extends €8m loan to support female entrepreneurship in...

Women-led micro, small and medium-sized enterprises (MSMEs) in Georgia are to benefit from fresh funds, thanks to a loan by the European…

#bank#international#risk


WFY23: ‘Factoring is a relatively new product for the...

Factoring is a relatively new product for the Georgian market said Tamara Khizanishvili, Head of Trade Finance and Factoring Department, TBC Bank…

#World Factoring Yearbook


ADB and Bank of Georgia join forces to promote...

The Asian Development Bank (ADB) and the Bank of Georgia (BOG) have signed a risk-sharing agreement to promote supply chain…

#ADB#risk sharing agreement#supply chain finance


EBRD and EU support TBC Bank and Georgian firms...

Georgian micro, small and medium-sized enterprises (MSMEs) will benefit from... (more…)

#TBC Bank


TBC and Proparco sign a US$50m loan agreement to...

TBC Bank Group PLC (TBC PLC) announces that its subsidiary, JSC TBC Bank (TBC Bank)... (more…)

#TBC Bank


Georgia: ‘Trade financing increased by 16.2%, factoring by 13%’...

Georgia (Georgian “Sakartvelo”), with a population of 3.7m, lies at the intersection of Eastern Europe and Western Asia in the…

#World Factoring Yearbook 2021


EBRD brings Trade Ready to Georgia

Trade Ready, a new EBRD trade support initiative, was introduced in Georgia... (more…)

#bank#international#International Trade


IFC offers US$10m to Basisbank to boost access to...

IFC, a member of the World Bank Group, has joined forces with Basisbank to boost access to working capital and…

#bank#emerging markets#exporters

IFC and TBC Bank launch web platform to support...

The International Finance Corporation (IFC) and Georgia’s TBC Bank has launched a free web platform designed to help small and…

#bank#financial institution#IBM

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