Posted: 4 years ago

TBC Bank Attracts 10 million USD Financial Resource from ResponsAbility Investments

TBC Bank and ResponseAbility Investments have signed a loan agreement on 10 million USD. The financial resource will fund small and medium business sectors.

“TBC Bank has been cooperating with ResponsAbility Investments since 2016. As part of this partnership, we have already carried out the fourth transaction and this is a confirmation of useful and successful partnership between our parties. The attracted financial resource will further strengthen small and medium business sectors”, TBC Bank director general Vakhtang Butskhrikidze noted.

Founded in 2003 ResponsAbility Investments is one of the leading organizations in terms of making investments in developing economies. The company manages assets of 3 billion USD to ensure financial support for 540 inclusive business companies in 90 countries.