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Tag Archives: EBRD

EBRD Plans to Invest 350 mln in Georgia This Year

EBRD Plans to Invest 350 mln in Georgia This Year

The European Bank for Reconstruction and Development (EBRD) plans to invest 300-350 million EUR in Georgia this year. The Regional Director of the EBRD says that previous year’s record (250 million) is improved in 2017 in terms of investment portfolio. “At this stage I do not know the final answer, …

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EBRD Initiates First-ever Eurobond Issued in Georgian Local Currency

The European Bank for Reconstruction and Development (EBRD) has marked a historic milestone by issuing its first-ever Eurobond both denominated and settled in Georgian lari (GEL). This development has been made possible by a recent establishment of a link between Clearstream and the Georgian domestic market which not only allows …

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EBRD to Issue New GEL-denominated Securities

European Bank for Reconstruction and Development (EBRD) plans to issue GEL-denominated securities of several tens of millions of GEL with the aim to credit exports products manufacturing and to develop domestic capital market through Georgia-based commercial banks as part of deep and comprehensive trade agreement with EU. This issue and …

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Georgia On My Mind – Where Beauty Meets Business

Georgia is a beautiful country, blessed with a favourable location at the crossroads between Western Asia and Eastern Europe. Bordering Armenia, Azerbaijan, Russia and Turkey and with access to the sea, Georgia has good transportation links with the entire region and beyond, and it enjoys a free trade agreement with …

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New Bus Fleet to Launch Operation on 67 Hectare Space in May

Bus Base

Construction of a new municipal bus fleet has come to a finish-line. Tbilisi Mayor David Narmania, EBRD regional director in Georgia, Moldova and Ukraine Bruno Balvanera, Georgian Finance Minister Dimitri Kumsishvili, Vice Mayor Lasha Abashidze, Deputy Mayor Irakli Lekvinadze, City Council Chairman Giorgi Alibegashvili, Tbilisi City Hall and Council representatives …

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Telegraph: Tbilisi Succeeds Where British Politicians Failed

Telegraph: Tbilisi Succeeds Where British Politicians Failed

The bank meeting in the Georgian capital created a genuine link between ‘advanced’ Western countries and emerging markets of the East. I spent much of last week in Tbilisi, a city of around 1.5m people on the south-eastern fringe of Europe. Sitting at the juncture of historic East-West trade routes, …

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TBC Bank Inks Three Loan Agreements Worth USD100 Million

TBC Bank Affirmed Distribution of Dividends in the Amount of GEL 54 Million

TBC Bank Group PLC said it has signed three loan agreements for a total of USD100 million, denominated in Georgian lari, with the European Bank for Reconstruction & Development. The European bank will provide the funds through three loan facilities, with USD60 million in lari to support implementation of the …

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EBRD Advice to Business: One Year in Progress

EBRD

EBRD sums up the first-year results of an initiative to assist small and medium enterprises fully enjoy benefits of the DCFTA. 100 small and medium sized companies, increased their turnover, generated additional jobs and boosted their investment opportunities, through EBRD advisory services in organizational management, food safety, financial management and …

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Government Prepares Special Presentation for EBRD’s Annual Meeting

Government Prepares Special Presentation for EBRD’s Annual Meeting

Georgian government prepares presentation of investment opportunities for EBRD’s annual meeting, which will be held in Cyprus in May, 2017. Finance Minister Dimitri Kumsishvili has declared about that at the meeting held with Bruno Balvaner, Regional Director of EBRD. According to Bruno Balvaner, merely several countries will be given presentation …

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