The German Development Bank (DEG) and The Netherlands Development Finance Company (FMO) have made a decision to invest in Anaklia port. On 5 February, the Anaklia Development Consortium and International Financial Institutions signed the first official document on investing in Anaklia port. In the “Anaklia Development Consortium”, German and Dutch state …
Read More »
TBC Bank attracted 70 million USD financial resource from Investment and Development Society DEG, which will be allocated for small and medium business financing for 7 years. “We are delighted with the professionalism of TBC Bank management and high quality products and services offered to small and medium businesses. We …
Read More »
Shares of DEG (Deutsche Investitions- und Entwicklungsgesellschaft) in TBC Bank were acquired by institutional investors. According to TBC Bank, the investors are from UK and Continental Europe. However, an accelerated transaction was managed by Renaissance Capital. To remind, DEG (Deutsche Investitions- und Entwicklungsgesellschaft) issued the announcement on November 26, that …
Read More »
CBW.ge Caucasian Business Week – Be informed, do business