Bank of Georgia International Finance Corporation (IFC) named Global Business Financing Program as the best partner bank for women business in Europe and Central Asia in 2017. Bank of Georgia received the award in the framework of “Women’s Banking Service Program”. Since 2008, Bank of Georgia has been actively using the Global Trade Finance Program Resources to assist the bank’s corporate clients, SMEs, including businessmen. With this resource the bank finances them for trading operations.
“We are pleased that our long-term partner, IFC, has provided us with the best financial institution in Europe and Central Asia in terms of providing financing for entrepreneurs. The Bank of Georgia is focused on enhancing access to financing start-ups, small and medium-sized companies that are headed by women. The Bank of Georgia provides financial support and helps to acquire the skills and knowledge necessary for business management. The Bank of Georgia plans to continue to be more prominent positions and to promote women’s role in the Georgian business, “said Kakha Kiknavelidze, General Director of Bank of Georgia.
Jan van Bilsen, IFC Regional Manager in the South Caucasus, said: “Bank of Georgia is one of the important partners of IFC in Europe and Central Asia. The Bank plays a decisive role in promoting trade in new markets, promoting local small and medium businesses and creating new jobs. We congratulate the Bank of Georgia on this merit award.