TBC Bank has signed a 30mln USD loan agreement with Development Bank of Austria (OeEB).
The loan will be directed to financing micro, small and medium business sectors (MSMEs), which operate in tourism field. The loan is to promote businesswomen activities too.
“We are ready to launch cooperation with OeEB. This is our first deal and we hope that this operation will promote successful and long-term relations between our institutions”, TBC Bank director general Vakhtang Butskhrikidze said.
“MSME promotion is one of the priority directions of Development Bank of Austria. This credit line enables to develop gender equality and agriculture sector and tourism field”, OeEB executive board members Andrea Hagman and Michael Vankata noted.