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CartuBank

CartuBank


Black Sea Trade and Development Bank (BSTDB)

September 2007 highlights start of close collaboration between the JSC Cartu Bank and the Black Sea Trade and Development Bank. Namely, the parties executed a loan contract for 1.5 m USD designed for a short-term funding of the Bank clients engaged in import-export in the BSEC etc. countries. In February 2008, the parties signed the amendment to the contract providing for the credit increase up to 5 m USD and later – 5 m USD.

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World Bank(WB)

For the purpose of agricultural development, the Georgian Finance Ministry and the World Bank signed an agreement on allotment of a 2.5 m USD credit line as a result of which the Bank funded several agricultural projects. 

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