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        TBC GUARANTEE FACILITY

        Signature(s)

        Amount
        € 2,437,499.93
        Countries
        Sector(s)
        Georgia : € 2,437,499.93
        Credit lines : € 2,437,499.93
        Signature date(s)
        28/11/2017 : € 2,437,499.93
        Link to source
        Data sheet
        TBC GUARANTEE FACILITY
        Other links
        Summary sheet
        TBC GUARANTEE FACILITY

        Summary sheet

        Release date
        31 January 2018
        Status
        Reference
        Signed | 28/11/2017
        20170802
        Project name
        Promoter - financial intermediary
        TBC GUARANTEE FACILITY
        TBC BANK JSC
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 2 million
        EUR 21 million
        Location
        Sector(s)
        Description
        Objectives

        SME loan guarantee provided to TBC Bank in Georgia under DCFTA Initiative East - Guarantee Facility.

        Financing of projects carried out by small and medium-sized enterprises (SME) in eligible sectors in Georgia.

        Environmental aspects
        Procurement

        Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

        Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

        Link to source
        Summary sheet
        TBC GUARANTEE FACILITY
        Other links
        Data sheet
        TBC GUARANTEE FACILITY

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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