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European Fund for Southeast Europe S.A., SICAV-SIF 31, Zone d'Activité Bourmicht 8070 Bertrange, Luxembourg http://www.efse.lu
Contact Ms Sophie Balavadze +995 32 244 42 48
Company logo of European Fund for Southeast Europe S.A., SICAV-SIF
European Fund for Southeast Europe S.A., SICAV-SIF

EFSE signs EUR 18.5 million senior loan with Bank of Georgia to boost MSE finance

(PresseBox) (Frankfurt and Tbilisi, )
The European Fund for Southeast Europe (EFSE) and Bank of Georgia are to expand their relationship with a EUR 18.5 million senior loan dedicated to strengthening the micro and small enterprise (MSE) sector in Georgia.

Bank of Georgia, the country's largest bank with a well‐established brand, has been an EFSE partner lending institution since 2010. The new loan will enable Bank of Georgia to finance over 3,000 additional loans to MSEs in Georgia, and thus support the country's economic growth.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.