IFC to invest $65 million in Bank of Georgia

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IFC to invest $65 million in Bank of Georgia / Finance

Tbilisi, Georgia, Feb.6

By Nana Kirtzkhalia - Trend:

The International Financial Corporation (IFC) and the Bank of Georgia will sign a new loan agreement.

The IFC Capitalisation Fund is to invest $65 million in the Bank of Georgia. These investments will allow the bank to increase the accessibility of finances and to contribute towards the country's economic development.

The document will be signed on Feb.6 at 12:00 at the main office of the Bank of Georgia.

Translated by L.Z.

Edited by S.M.

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