The social development bank in Europe

Filtering by Country: 'Georgia' Filtering by Year: '2018' Clear

All CEB loans are granted in accordance with the Bank’s mandate. They have to meet specific technical and social criteria, and be in strict conformity with the Bank’s environmental, procurement and compliance guidelines and policies.

The sectoral lines of action underpin the CEB’s three-year development plan, which forms the Bank’s medium term strategy. The four lines of action set out in the Development Plan for the period 2014-2016 (namely: Strengthening social integration; Managing the environment; Supporting public infrastructure with a social; vocation; Supporting micro-, small and medium sized enterprises) were revised in three (namely: Sustainable and inclusive growth; Integration of refugees, displaced persons and migrants; Climate action: developing mitigation and adaptation measures) as part of the Development Plan 2017-2019, corresponding to the new strategic priorities established by the CEB to better support the social policies of its member countries.

Latest projects approved:

DateBorrowerLine of actionAmountSummary
16/11/2018JSC Credo Bank (Georgia)Sustainable and inclusive growth€ 5 000 000This loan will part-finance investment sub-projects undertaken by MSMEs in rural and urban areas to support the creation and preservation of income generating activities, self employment and the creation and development of micro-enterprises. Final beneficiaries will be small entrepreneurs mostly involved in agriculture and urban type businesses, typically located in rural areas, such as farmers operating agriculture businesses; and small business owners in village settlements.