Release date: 31 January 2018
Promoter – Financial Intermediary
TBC BANK JSCLocation
Description
SME loan guarantee provided to TBC Bank in Georgia under DCFTA Initiative East - Guarantee Facility.
Objectives
Financing of projects carried out by small and medium-sized enterprises (SME) in eligible sectors in Georgia.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 2 million
Total cost (Approximate amount)
EUR 21 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 28/11/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).