41920-014: GEO: SENIOR LOAN TO JOINT STOCK COMMERCIAL BANK OF GEORGIA
Project Data Sheet (PDS): Overview
By providing additional funding to Bank of Georgia (BoG), ADB will be achieving its first objective of supporting the emerging banking sector. Second objective is to foster BoG's SME financing operations by providing part of the debt funding needed for its expansion in this particular sector. Third objective is to stretch the maturities of loans provided to top banks in Georgia. Through ADB acting with Citibank as co-arranger for this transaction, ADB is helping to catalyze foreign ... Read More
|Borrower/Equity Investment Name||BANK OF GEORGIA|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||02 Aug 2007|
|Closing Date||05 Sep 2007|
Indigenous People: C
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