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Georgia

TBC Bank announce Q3 2012 financial results

Tbilisi-based TBC Bank, who in October 2012 concluded a USD10million agreement under the Caucasus Energy Efficiency Program (CEEP) to facilitate corporate and SME funding in the energy industry, has published its third quarter 2012 and nine month 2012 year-to-date unaudited...

#bank#funding#interest

IFC to partner with Bank Constanta and raise SME...

The International Finance Corporation (IFC) is set to help Tbilisi-based Bank Constanta expand financial services to SMEs, boosting economic growth…

#bank#financial services#international


EBRD grants US $ 50 million to support Georgian...

According to EBRD, the bank increases the availability of financing to Georgia’s real economy. It has recently granted US $50…


IFC, EBRD and FMO supporting Georgian banking sector

IFC is joining forces with EBRD and FMO to support Georgia's banking sector with a $161 million investment. (more…)

#Access to Finance#bank#international


IFC extends further credit to Georgian banks

The International Finance Corporation has extended funding to another Georgian bank, this time Bank Republic, in its efforts to buoy up the…


Cartu Bank to receive $20m from EBRD

Cartu Bank is expected to receive US$20 million funding from the European Bank for Reconstruction and Development (more…)

#Access to Finance#bank#funding


EBRD provides EUR150m to boost economy

The European Bank of Reconsturction and Development has announced plans to invest in the Georgian economy this year (more…)

#bank#conference#international


EBRD extends credit line to Basisbank

The EBRD is providing a US$6m credit line for Basisbank to support its lending to MSME. (more…)

#bank#MSME#risk


Bank of Georgia signs the countrys first ever factoring...

The Bank of Georgia, signed the country’s first ever factoring agreement with a corporate client on 11 May is quite…


EBRD facilitates Bank of Georgia’s first factoring deal

Bank of Georgia has become the first bank to sign a factoring transaction in Georgia. (more…)


ProCredit Bank Georgia receives US$15m loan for SME financing

ProCredit Bank Georgia (PCBG) is receiving a US$15m syndicated loan arranged by the European Bank for Reconstruction and Development (EBRD)…

#bank#Commerzbank#financial institution


Micro finance institution receives USD3.5m credit line

The European Bank for Reconstruction and Development (EBRD) is extending a US$3.5m credit line to support lending to local micro…


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