Georgia

At end 2011, BSTDB active portfolio in Georgia consists of 8 operations approved by the Board of Directors (BoD) for the total amount of EUR 46.2 million. Georgia ranks eleventh in terms of BoD approved operations with 3.4% of the total portfolio, and in terms of signed operations with 3.7% of the total portfolio. The country ranks tenth in amounts outstanding with 3.2% of the total portfolio.

 

Based on the 2011- 2014 Business Plan, the Bank would expect on average to approve new operations for approximately EUR 10-15 million per year or approximately EUR 51 million over the four year period.