This project provides financing to JSC Isbank Georgia for funding small and medium-sized enterprises in Georgia.
JSC Isbank Georgia: is headquartered in Tbilisi, Georgia and has one branch in Tbilisi and one in Batumi. The Bank started its operations in Georgia in mid-2012 in the form of a branch of Isbank in Batumi. Three years later Türkiye Is Bankasi A.S. obtained a general banking license and converted its branch into a local subsidiary as it was initially agreed with the National Bank of Georgia.
Türkiye Is Bankasi A.S.: founded in 1924, Isbank is the largest private bank in Turkey with total assets of TRY 484.7bn on a consolidated basis by the end of 2017 (equivalent to US$ 129.4bn with an exchange rate of 3.745 USD/TRY for 2017 YE). Isbank's credit ratings are B+ negative from Fitch Ratings,B2 negative from Moody's Investor Services, and B+ negative from S&P.
JSC Isbank Georgia
Head of Financial Institutions Division
+995 322 310 518
No. 140/B, Agmashenebeli Av., 0102, Tbilisi, Georgia
ACCOUNTABILITY MECHANISM OF IFC
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