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Basisbank is financing a winner of municipal project New Life to Old Tbilisi - a development company Tbil-Elite House

Tbilisi City Hall announced the winners of the second stage of Old Tbilisi Rehabilitation Program – nine development companies, one of which is “Tbil-Elite House” to which Basisbank has allocated a credit facility amounting to approximately USD 300.000. The development company is building a residential house on Tsereteli avenue.

“It is crucially important to participate in the projects designed to contribute to rehabilitation of historic districts, improvement of the employment opportunities and accommodation conditions of the population living within old Tbilisi districts” – remarked the director of Basisbank Retail Direction Levan Gardapkhadze.

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