Investment funds in local SMEs - transaction - JSC Credo Bank (renewal) - Georgia

Credo is the market leader in individual rural lending in Georgia. Here, rural (SME) entrepreneurs are generally limited to (fully) securing and collateralising their loans. In the context of the challenging geopolitical situation in the region, being able to provide extra capital cushion is of great added value now. Therefore, DGGF provides an additional loan of EUR 3 million to Credo.