BSTDB supports Georgia’s exports and regional tradeThessaloniki, 05 Apr 2012
The Facility will improve access to much-needed financing for Georgian exporting companies, including small and medium enterprises (SMEs), and will facilitate imports from other BSTDB member countries.
The Operation aims to strengthen the BSTDB Trade Finance and SME support programs in Georgia, implemented in cooperation with local financial institutions. It will also promote job creation and income generation in the country.
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Established in 1993, Basisbank is owned by Georgian private shareholders and the European Bank for Reconstruction and Development (EBRD), The Bank provides a broad range of banking services to retail and corporate clients in Georgia. Basisbank is rated “B-“by Fitch with stable outlook. The Bank cooperates with the World Bank and IFAD in agribusiness development, and also works with OPIC, WBC and USAID for the SME sector development in Georgia
The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. The BSTDB headquarters is in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is SDR 3 billion (appx. EUR 3.3 billion). BSTDB is rated long-term A by Standard and Poor’s and A3 by Moody’s.
Tel: +30 2310 290533
- Annual Report 2011
- Doing Business with BSTDB
- Semi-Annual Financial Statements for 2012
- Supporting Small and Medium-Sized Business in the Black Sea Region
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