OREANDA-NEWS. February 26, 2008.  BSTDB made available a USD 10 million SME loan facility to Procredit Bank Georgia.

Having a tenor of three years, the facility delivers the much-needed medium-term financing to the Georgian market. It intends to finance sub-loans offered by Procredit Bank Georgia to micro, small and medium-sized enterprises in Georgia.

The borrower already has a successful credit history with BSTDB’s previous SME facilities for the amounts of USD 5 and USD 6 million that have been successfully utilized.