TBC Bank signs €100 million loan with Proparco for ESG investments

By Marisa Wong

Los Angeles, Dec. 4 – TBC Bank Group plc announced that subsidiary JSC TBC Bank has signed a loan agreement in the amount of €100 million with Proparco.

The loan facility bears a maturity of seven years and will be primarily used to finance climate related investments and female entrepreneurs in Georgia, according to a press release.

TBC is a bank based in Tbilisi, Georgia.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.