Business
Posted: 3 years ago

TBC to Receive $30 Million in Funding from the U.S Department of Agriculture

Within the frameworks of GSM 102 program, USDA set a limit of $30 million for the import of agricultural products into Georgia. TBC is the only participant in this program from Georgia.

"In this reality, which is full of challenges for the business sector, it is utterly important to develop the field of trading finance. The limitation of Trade Financing received from the US Department of Agriculture under the Export Credit Guarantee Program will promote more active financing for our clients' import transactions and strengthen the bank's position in terms of supporting trade operations.", noted Giorgi Tkhelidze, Deputy CEO of TBC.


In 2020, TBCwon several prestigious awards in the field of trade financing. International financial journal - Global Finance named TBC as the best provider of trade finance in Georgia in 2020, and Euromoney gave TBC a title of a market leader and the best service bank.