By Frank Prenesti
Date: Friday 28 Dec 2018
LONDON (ShareCast) - (Sharecast News) - Bank of Georgia said it had raised $35m in two separate deals to finance local businesses.
The group on Friday said it had co-operated with the Green for Growth Fund to raise $25m to finance micro and small enterprises, large businesses and public entities.
A second deal with the European Fund for Southeast Europe to raise $10m with a maturity of five years will support the working capital financing and investment needs of micro and small enterprises.
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