15th Dec 2020 13:49
Bank of Georgia Group PLC - Georgian lender - Subsidiary JSC Bank of Georgia signs a EUR25 million loan agreement with European Investment Bank with a maturity of up to seven years. States facility represents a top-up on the existing EUR50 million multi-currency loan facility signed with EIB in December 2019. Says credit will support recovery of micro, small and medium sized and mid-capitalisation enterprises in Georgia amid the pandemic and to finance investment projects deemed important for development of the local private sector.
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By Ife Taiwo; [email protected]
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