Basisbank SME V
Georgia | Financial Institutions- Identification Code:
- OP/24/0023
- Total Operation Cost:
- 15.000.000 USD
- Maturity:
- 48 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date15.000.000 USD – 26 Nov 2024
-
BSTDB Signed Amount – Signed Date15.000.000 USD – 28 Nov 2024
-
Status:Active
- Description and Purpose of the Operation:
- Basisbank SME V
- Countries of Operation:
- Georgia (100,00%)
- Financial Product:
- SME's
- Sector:
- Financial Institutions
- Domain:
- Private
- Borrower/Client:
- 5th SME Loan Facility to JSC “Basisbank” Georgia
- Co-Financers/Participants:
- n/a
- Guarantors/Sponsors:
- n/a
- Developmental and Regional Cooperation Impact:
- This operation involves a US$ 15mn lending facility with JSC Basisbank, for on-lending to eligible small and medium sized enterprises (SMEs). It is expected to have modest but favorable economic benefits for the Georgian economy, the most relevant being additional tax revenue gains from increased economic activity resulting from the financing provided, increases in employment, and multiplier effects for other parts of the economy. The regional cooperation element is likely to be nil, as most of the beneficiary SMEs are likely to be mainly oriented to the domestic market.
- Environmental Classification and Impact:
- The Borrower has a functioning Environmental and Social Management System (ESMS) consisting of E&S Risk Management Instruction. It establishes processes for identifying, assessing, managing, mitigating and reporting material environmental and social risks across Basisbank’s businesses loan portfolio. Environmental and social risk issues covered by the E&S Policy include occupational health and safety, labor and employment practices, human rights, resource efficiency, pollution prevention, biodiversity and cultural heritage.
- Operation Leader:
- Financial Institutions I
- E-mail:
- fi1@bstdb.org
As of 28 Feb 2026
