Bank of Georgia signs $100mn long-term facility with DFC
LONDON: Bank of Georgia and the U.S. International Development Finance Corporation (DFC) have signed a US$ 100 million loan agreement with a maturity of over 11 years. The facility will enable Bank of Georgia to on-lend to micro-, small-, and medium-sized business customers to minimise the impact of the COVID-19 pandemic-related economic implications in Georgia,…