Vice Governor of the National Bank of Georgia, Nino Jeladze, participated in the event dedicated to the renewal of the partnership between TBC Leasing and the Black Sea Trade and Development Bank (BSTDB) through a €10 million credit line.

The goal of the partnership is to provide long-term financing for micro, small, and medium-sized enterprises (MSMEs), thereby enhancing their investment capacity in innovation and sustainability.

The funds allocated by BSTDB will be used to finance the leasing of equipment and commercial machinery for local micro, small, and medium-sized businesses, enabling them to modernize production lines and improve competitiveness. This financial resource is aimed at supporting private sector growth and promoting financial inclusion.

According to Nino Jeladze, the National Bank of Georgia welcomes the renewed partnership between the BSTDB and TBC Leasing, which demonstrates BSTDB’s confidence in Georgia’s financial system and its strong support for the private sector and the country’s sustainable economic development.

She emphasized that this partnership is particularly important as it provides long-term financing to the micro, small, and medium business sector, which serves as the backbone of Georgia’s economy.

“Financing the leasing of modernized production equipment will help Georgian micro, small, and medium-sized enterprises expand their activities, upgrade infrastructure, and strengthen operational resilience. Ultimately, this will contribute to job creation and income growth. This sector plays a crucial role in fostering employment, innovation, and regional competitiveness. The National Bank of Georgia congratulates both partners on this important achievement and wishes them success in the implementation of the project,” stated Nino Jeladze.

The cooperation between BSTDB and TBC Leasing reflects BSTDB’s confidence in TBC Leasing’s strong market position, prudent risk management, and its significant impact on the development of the MSME sector in Georgia.