44923-014: GEO: PROPOSED SENIOR LOAN TO BANK OF GEORGIA

Project Data Sheet (PDS): Overview


Description

BoG has identified the development of the SME sector in Georgia as a key objective in its business strategy, in additional to it being central to the recovery of the economy in the aftermath of the armed conflict with the Russian Federation in August 2008 and the global economic downturn. The proposed ADB loan will contribute to the expansion of BoG's SME lending activities and in doing so, contribute to Georgia's economic recovery.... Read More

Country Georgia
Borrower/Equity Investment Name BANK OF GEORGIA
Project Number 44923-014
Project Type or Modality of Assistance Private Sector Loan and Equity
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7315
Approval Date 03 Nov 2010
Closing Date 26 Nov 2011
Geographical Location Georgia
Sector / Subsector Classification Not yet classified
/ For Classification
Thematic Classification Not yet classified
Safeguard Categories Environment: FI

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Shannon Seet
Email contact form

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Capital Markets and Financial Sectors Division

PDS Creation Date
30 Sep 2010

Last PDS Update
01 Oct 2010

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