IFC's financing is expected to help TBC Bank further grow its SME and climate finance portfolios. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.

Since launching in 2022, the program for Ukrainians, which includes business mentoring services in addition to micro-finance, has helped over 30 Ukrainian entrepreneurs to support themselves and other refugees.

Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.

With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.

The reforms are expected to benefit both individuals and companies through increased access to financial products such as credit and digital payments, as well as improved consumer protection supervision.

Mi-Bospo operates mainly in rural areas and offers access to credit and non-financial services to individuals, particularly women entrepreneurs.

A senior loan of EUR 5 million will be on-lent by the bank to businesses that want to implement energy efficiency and resource efficiency measures, as well as small scale renewable energy projects. 

The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.

EUR 4.2 million to help sustain micro and small enterprises during difficult environment of COVID-19 crisis.

The Green for Growth Fund has provided TBC Leasing with a loan of $5 million equivalent in Georgian lari to bolster energy efficiency measures among small and medium enterprises.