Basisbank
 24/7
+995 322 922 922
*9292
13.11.2013

Black Sea Trading and Development Bank has allocated credit line to JCS “BasisBank”

On 12th of November, in Hotel Marriott Tbilisi’s “Sanadimo Hall”, was held ceremony of Credit Line allocation agreement signing between “BasisBank” and Black Sea Trade and Development Bank (BSTDB). The ceremony was attended by JSC “BasisBank” and Black Sea Trade and Development Bank representatives, as well as representatives of other financial institutions.

It should be noted that it’s not the first time of cooperation between “BasisBank” and Black Sea Trade and Development Bank. On 2nd of March of 2012 between “BasisBank” and Black Sea Trade and Development Bank was signed agreement on USD 4 million  updating credit line to support exporters and importers.  

Mentioned credit line was successfully applied. There were implemented 14 international trading large-scale transactions, of which 30% of exports and 70% of import issues. The Project proved to be successful enough, and as a result BSTDB got decision to issue additional USD 6 milion, which also will be used for trading development.

The Project continues Black Sea Trade and Development Bank current Program in Georgia which promotes trade financing and small and medium enterprises development.

Search
(c) 2011 Basisbank, all right reserved