ADB signed agreement with Georgian banks

Asian Development Bank signed the first agreement on trade financing in Georgia. The agreement was formalized today with the "Bank of Georgia" and "TBC Bank". As stated by representatives of the banking sector, the agreement aims at promoting trade and the strengthening of Georgia position as a  strategic point between Europe and Asia, reports  Business Georgia.

The agreement is part of the trade funding project of Asian Development Bank, which aims at increasing the availability of grants and loans.