Project Category
Project Category
Banking, Finance and Insurance
Project Description
Project Description
The proposed investment consists of an up to US$90 million subordinated loan to Bank of Georgia ("BoG" or "the Bank"), with up to US$ 50 million to be provided by IFC and up to US$ 40 million by B Lenders/Parallel Lenders. The objective of the loan is to support the largest systemic bank in Georgia with a Tier 2 capital which will help the Bank to maintain its sustainable growth and secure capital cushion in anticipation of the introduction of new capital regulatory requirements in Georgia.
Our Reference Number
Our Reference Number
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