BSTDB Strengthens SME Financing in Georgia with New EUR 10 million facility to TBC Leasing

BSTDB Strengthens SME Financing in Georgia with New EUR 10 million facility to TBC Leasing

Press Release | 31-Oct-2025

New Agreement Builds on a Long-standing partnership

The Black Sea Trade and Development Bank (BSTDB) is extending a new EUR 10 million loan to TBC Leasing, a leading provider of financial lease services in Georgia. This marks the fifth facility provided by BSTDB to TBC Leasing, highlighting the Bank's continued commitment to supporting small and medium-sized enterprises (SMEs) and the development of Georgia's financial sector.

The BSTDB funds will be used to finance leases of production equipment and commercial vehicles for local SMEs, enabling businesses to invest in growth, modernize their operations, and strengthen competitiveness. The operation is expected to promote job creation, income generation, improved companies' infrastructure, and increased trade turnover.

Dating back to 2007, BSTDB's partnership with TBC Leasing has a proven track record of impact. Previous four facilities have financed nearly 150 leasing transactions worth a total of USD 15 million, providing Georgian companies with crucial access to capital assets. The new loan is expected to deliver a similar boost.

BSTDB Vice President Banking, Ziya Aliyev commented: "Our long-standing cooperation with TBC Leasing reflects our shared commitment to helping Georgian SMEs access the resources they need to grow and thrive. This new facility is another step in our effort to strengthen resilience and competitiveness in the Georgian economy and to foster stronger business linkages across the Black Sea region. We are pleased to see that our new financing is fully aligned with the priorities of the BSEC Economic Agenda, as it promotes private sector growth and strengthens regional economic cooperation."

"We are proud to re-establish our collaboration with BSTDB through this important transaction, the facility will further enhance our ability to provide flexible and affordable financing to Georgian businesses, fostering innovation and supporting long-term economic development." said Nugzar Loladze, Chief Financial Officer of TBC Leasing.

JSC TBC Leasing, founded in 2003 and owned by TBC Bank, is Georgia's leading leasing company with an 86% market share in the business segment and 74% in the retail segment. It serves over 3,000 clients across sectors, offering financial and operating leases through diverse channels. With a GEL 400 million portfolio, it partners with government agencies to support business growth and employs around 150 staff members. For more details: https://www.tbcleasing.ge

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit https://www.bstdb.org.

Contact: Haroula Christodoulou

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