Banking
Posted: 1 week ago

TBC Leasing Attracts 9 million EUR Financial Resources

Proparco company has allocated 9 million EUR financial resource to TBC Leasing.

TBC Leasing will use the mentioned resource for funding assets of small and medium businesses. As a result, about 3500 new job places will be created in the mentioned sectors.

Proparco regional director in Caucasus and Central Asia Jean-Gabriel Dayre: “Objective of Proparco is to support private sector in developing countries and growing economies. TBC Leasing is an ideal partner thanks to its experience in financial needs in small and medium sectors and this company enables us to increase our positive effect on the state economy”.

TBC Leasing executive director Gaga Gogua: “Based on this deal TBC Leasing will launch a new phase of cooperation with financial development institutions. Proparco is a special partner for us and jointly we plan to offer flexible funding conditions for developing small and medium business sectors”.