Home / Tag Archives: EBRD

Tag Archives: EBRD

EBRD Supports Modernisation of Private Bus Operator in Azerbaijan

The EBRD is improving public transport in the capital of Azerbaijan by supporting the acquisition of 35 new buses with a loan of the €6 million in Azeri manat equivalent for Baku, the country’s major political, administrative, financial and cultural centre with a population of around 3 million. The loan …

Read More »

EBRD Supports Renewal of Public Transport in Ukraine

The EBRD is supporting the modernisation of public transport in Ukraine with a loan of up to €13 million for the acquisition of up to 72 low-floor trolleybuses for the city of Mariupol. Senior EBRD loan of up to €13 million for up to 72 low-floor trolleybuses for Mariupol €2 …

Read More »

EBRD Approved 500 Million EUR Loan for TAP Project

EBRD Plans to Invest $400 million in Georgia

The EBRD board members approved a loan of 500 million euros for the Trans-Adriatic Pipeline Project, which provides natural gas transportation from Azerbaijan to the EU in 2020. The cost of TAP is 4.5 billion euros and one of the priority energy projects for the EU. The European Investment Bank …

Read More »

TBC Bank Acts as Underwriter of EBRD Eurobond Issue

TBC Bank has acted as lead manager and underwriter for European Bank for Reconstruction and Development  GEL 120 million Eurobond issue under EBRD’s Global Medium Term Note Programme. The bonds are to be listed on the London Stock Exchange. “We are delighted to have completed another successful transaction with EBRD. …

Read More »

EBRD Named TBC Bank most Active International Financing Bank in Georgia

The European Bank for Reconstruction and Development (EBRD) has once again named TBC Bank once again the most active bank in Georgia in terms of international trade financing. TBC Banks has received mentioned award for the fourth time.  The annual award ceremony was held in Jordan, where EBRD representatives hosted …

Read More »

EBRD: No Financial Aid will Be Allocated to Rustavi Azot

EBRD regional director Bruno Balvanera says that no financial aid will be allocated to Rustavi Azot. “We were discussing the issue of financing Rustavi Azot. However, taking into account the earlier prices of fertilizers, we have decided not to prolong financial aid. We have no plans to provide further support …

Read More »

EBRD President: Georgia is Improving Investment Climate

EBRD

Minster of Finance Mamuka Bakhtadze has met with EBRD President Suma Chakrabarti as part of his visit to Great Britain. The parties positively appraised EBRD’s performance in Georgia and discussed the ongoing and planned projects. The parties made emphasis on such priorities as: development of municipal infrastructure, the banking sector, …

Read More »