The European Bank for Reconstruction and Development will assign a $16 million loan, backed by the European Union and Sweden, to Georgia’s Credo Bank to support local micro, small and medium-sized companies and women-led firms in the country, the Bank announced on Tuesday.
The European Bank for Reconstruction and Development (EBRD) supported Georgia’s economy to the tune of €218 million in 2022, with investments in healthcare, energy efficiency and financing for small and medium-sized enterprises (SMEs) through credit lines to local banks and trade financing. The Bank continued to focus on the private sector, which accounted for 91The European Bank for Reconstruction and Development (EBRD) supported Georgia’s economy to the tune of €218 million in 2022, with investments in healthcare, energy efficiency and financing for small and medium-sized enterprises (SMEs) through credit lines to local banks and trade financing. The Bank continued to focus on the private sector, which accounted for 91 » The FINANCIAL BANKS
YEREVAN, NOVEMBER 30, ARMENPRESS. Today, Deputy Prime Minister of Armenia Hambardzum Matevosyan attended the event dedicated to the 15th anniversary of the Investment Council of Armenia established with the support of the European Bank for Reconstruction and Development, ARMENPRESS was informed from the press service of the Government.
YEREVAN, NOVEMBER 30, ARMENPRESS. Today, Deputy Prime Minister of Armenia Hambardzum Matevosyan attended the event dedicated to the 15th anniversary of the Investment Council of Armenia established with the support of the European Bank for Reconstruction and Development, ARMENPRESS was informed from the press service of the Government.