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International rating assigned to Georgia's Bank Constanta

Business Materials 8 November 2011 15:42 (UTC +04:00)

Georgia, Tbilisi, November 8 / Trend, N. Kirtskhalia /

M-CRIL, an international rating company of microfinance banks, assigned an international rating of A to Georgia's Bank Constanta, the bank reported on Tuesday.

The bank's operation, achievements and prospects were examined in details in the process of the rating's assignation. As a result, the bank deserved the upgraded rating indicators.

In compliance with the conclusion by M-CRIL, Bank Constanta is a rapidly developing banking institute with skilled personnel. The bank grew dynamically in 2010 and ended the first half of this year in profit.

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