International Commercial Black Sea Bank (Georgia) S.A.
Sector: Commercial • Location: Georgia
Source: Multilateral Investment Guarentee Agency (MIGA)
MIGA issued its first guarantee in Georgia, for $3.4 million in coverage, to Commercial Bank of Greece, S.A. (CBG) for its $1.3 million equity investment in International Commercial Black Sea Bank-Georgia, S.A. MIGA's guarantee covers the risks of transfer restriction, expropriation, and war and civil disturbance. The project enterprise is a joint venture bank based in Tblisi. The bank provides m
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | not 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 | MIGA issued its first guarantee in Georgia, for $3.4 million in coverage, to Commercial Bank of Greece, S.A. (CBG) for its $1.3 million equity investment in International Commercial Black Sea Bank-Georgia, S.A. MIGA's guarantee covers the risks of transfer restriction, expropriation, and war and civil disturbance. The project enterprise is a joint venture bank based in Tblisi. The bank provides multinationals and local companies with a wide range of commercial services, including trade finance, foreign exchange, money market operations, and services related to privatization. The project will create about 40 permanent jobs for Georgian nationals, who will benefit from various training programs provided by CBG. |
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 |