According to EBRD website, the project is a financing package up to US$ 100 million in two equal tranches denominated in local currency for TBC Bank consisting of three transactions: up to US$ 60 million equivalent in Georgian Lari credit line to assist local Small and Medium Enterprises (SMEs) comply with DCFTA requirements; up to US$ 20 million equivalent in Georgian Lari Women in Business (WiB) financing programme to support small and Medium-Sized Enterprises (SMEs) run or managed by women and up to US$ 20 million equivalent in Georgian Lari credit line for on-lending to local Small and Medium Enterprises (SMEs).
The financing package will enable TBC Bank to develop its lending programmes countrywide in the respective business segments, providing essential support for longer-term financing in local currency to SMEs.
Project Contact: Tamar Kakulia
Deputy CFO Capital Markets and Investor relations, TBC Bank
Telephone No.: +995 32 227 27 27
General enquiries to EBRD:
Telephone No.: +44 20 7338 7168
Email Address: email@example.com
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