BoG Subdebt
Sector: Commercial • Location: Georgia
Source: International Finance Corporation (IFC)
The proposed investment consists of up to a US$65 million subordinated debt to Bank of Georgia (“BoG” or “the Bank”), which is expected to be funded fully through the IFC Capitalization Fund (the “Cap Fund”), as the proposed project is fully consistent with the Cap Fund’s objective of supporting a systemic bank that is capable of providing credit to emerging economies but is facing significant cha
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment consists of up to a US$65 million subordinated debt to Bank of Georgia (“BoG” or “the Bank”), which is expected to be funded fully through the IFC Capitalization Fund (the “Cap Fund”), as the proposed project is fully consistent with the Cap Fund’s objective of supporting a systemic bank that is capable of providing credit to emerging economies but is facing significant challenges to raise capital in international capital/credit markets, due to the global financial crisis.The proposed investment intends to strengthen BoG’s balance sheet by expanding its capital base, as well as support its growth strategy, |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |