“SAKARTVELOS BANKI” ATTRACTED $50M FOR TRADE FUNDING

Sakartvelos Banki (Bank of Georgia) declared about successful attraction of $50 million for trade financing.

As the bank said, one-year trade finance club facility was arranged by Citi in cooperation with International Financial Corporation (IFC, member of the World Bank group), “contributing in funding and providing partial guarantee support through its Global Trade Finance Program”.