Georgia

At end 2010, BSTDB active portfolio in Georgia amounted to five operations approved by the Board of Directors (BoD), involving an investment of EUR 19.6 million. Georgia ranks tenth with 1.7% of BoD approved operations, 1.9% of signed operations, and 2.3% of amounts outstanding in 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.