Fif Tbc Leasing Tender

Project ID: 56044
Status: Approved
Location: Georgia
Business Sector: Financial Institutions
Notice Type: Private
Project Description
Senior loan of up to EUR 11mn (or USD equivalent) to TBC Leasing under the Financial Intermediary Framework (the "Framework").

Project Objectives
The proceeds of the loan will be used to finance local SME lessees in accordance with the terms and conditions set out in the Policy Statement under the Framework, and in line with the objectives of the Framework.

Transition Impact
ETI score:60

project will support the Framework TI qualities by enhancing both the (i) competitiveness of the company by helping expand its SME portfolios with a focus on reaching regional clients and (ii) resilience by helping ensure prudent leasing practises and adequate portfolio quality.