The National Bank of Georgia reported remarks by Vice Governor Nino Jeladze at an event marking the renewal of the partnership between TBC Leasing and the Black Sea Trade and Development Bank (BSTDB), supported by a EUR 10 million credit line. The facility is intended to provide long-term financing for micro, small, and medium-sized enterprises (MSMEs), with a focus on strengthening investment capacity in innovation and sustainability. Under the arrangement, BSTDB funding is to be used to finance leasing of equipment and commercial machinery for local MSMEs, aimed at modernising production lines and improving competitiveness, with the broader goal of supporting private sector growth and financial inclusion. Jeladze described the renewal as signalling BSTDB’s confidence in Georgia’s financial system and emphasised the importance of long-term MSME financing given the sector’s role in the economy, adding that equipment upgrades could support business expansion, infrastructure improvements, and operational resilience, with expected spillovers to jobs and incomes.
National Bank of Georgia 2025-11-03
National Bank of Georgia vice governor welcomes BSTDB and TBC Leasing renewal backed by EUR 10 million MSME credit line
The National Bank of Georgia highlighted Vice Governor Nino Jeladze's remarks on the renewed partnership between TBC Leasing and the Black Sea Trade and Development Bank, backed by a EUR 10 million credit line. This facility aims to finance equipment leasing for local micro, small, and medium-sized enterprises (MSMEs) to enhance innovation, sustainability, and competitiveness. Jeladze noted the renewal reflects confidence in Georgia's financial system and underscores the importance of long-term MSME financing for economic growth.