Georgia: Team Europe - EIB’s immediate COVID-19 response in support of the MSME sector reaches a new milestone ...Middle East

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source : european union ( Middle East ) () 13
The European Investment Bank (EIB), the lending arm of the European Union, and Liberty Bank have agreed to expand an existing credit line for Georgian micro, small and medium-sized enterprises (MSMEs) via an additional €2.5 million as part of a total package of €17.5 million. With this signature, the EIB’s total immediate response to COVID-19 in the country comprises additional lending of over €70 million, and existing loans benefiting from COVID measures exceeding €90 million.

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