The EIB will invest €100 million to upgrade and modernise key healthcare infrastructure in Georgia, provide professional training to new medical staff, and finance the procurement of essential medical equipment for the country’s healthcare system during the COVID-19 pandemic.
The EIB will invest €25 million to expand a credit line for Georgian small and medium-sized enterprises (SMEs) and mid-caps available at TBC Bank JSC; the operation will help accelerate the recovery of the national economy from the COVID-19 pandemic. The credit line can be disbursed in multiple currencies, including in lari, Georgia’s national currency.
The EIB will provide €55 million for the ProCredit group to create new credit lines for small and medium-sized enterprises (SMEs) in Ukraine, Georgia and Moldova and support a faster recovery of their economies from the COVID-19 pandemic. The credit lines can be made available in multiple currencies, including in the local currencies.