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Chinese largest bank plans to enter Georgian banking market

Business Materials 29 October 2010 17:42 (UTC +04:00)

Georgia, Tbilisi, Oct. 29 / Trend N. Kirtskhalia /

The China Development Bank plans to enter Georgian banking market. Georgian Prime Minister Nika Gilauri discussed it during his visit to China.

A delegation of the China Development Bank will arrive in Georgia to get acquainted with the economic situation in the country soon.

It is not excluded that the bank will open its branch office in Tbilisi.

The bank was founded in 1994. The bank's activity is mainly focused on financing infrastructure projects.

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