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Asian Development Bank to allocate $50 million loan to Georgian TBC Bank

Business Materials 26 February 2013 12:40 (UTC +04:00)

Georgia, Tbilisi, Feb.26 / Trend, N. Kirtskhalia

On Tuesday, the Asian Development Bank and TBC Bank will sign an agreement to allocate a credit line of $50 million to the TBC Bank.

As TBC Bank told Trend, with the help of a five-year resource, the bank will finance small and medium business in regions.

The agreement will be signed by ADB Principal Specialist Rainer Hartel and CEO of the TBC Bank Vakhtang Butskhrikidze.

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