On 18 December 2008, the Development Bank of Austria OeEB and the German Development Bank KfW signed a credit line for the ProCredit Bank Georgia.
The total sum of the credit line amounts to USD 47.5 million, of which 50% were assigned by OeEB, and is being used for lending to very small, small and medium size enterprises.
Please follow the link for the official press release of
ProCredit Bank Georgia from 19 December 2008 for further details.