Summary sheet
Release date
24 October 2024
Reference
20240222
Project name
Promoter - financial intermediary
CREDO BANK GUARANTEE FACILITY
CREDO BANK JSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 2 million
EUR 16 million
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation consists in a Partial Portfolio Guarantee to Credo Bank under the EU4Business Guarantee Facility.
The aim is to enhance access to finance for micro, small and medium-sized enterprises 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