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 current Development Plan 2020-2022 organises these lines into Inclusive growth: working to guarantee access to economic opportunities to ensure a prosperous future for all; Support for vulnerable groups: helping to integrate the most vulnerable citizens to nurture a more diverse society and Environmental sustainability: supporting a liveable society that promotes environmental sustainability, mitigates and adapts to climate change , 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.