None from the applications on banking activity is anymore sent to the National Bank of Georgia.
Koba Gvenetadze, President of NBG announced on the plans of newly licensed Credo with the presentation of dictionary on banking terminology.
He noted that your former micro finance organization shall be suitable for the banking system well with the accumulated experience from 2007, which enable the bank to control successfully.
The bank is dependant on funding small middle sized businesses. To remind, Credo obtained license on banking activity on March 20. JSC Credo has 62 branches in Tbilisi and 10 regions of Georgia.