Microbank Crystal has been selected by the Asian Development Bank (ADB) to receive a technical assistance of GEL 300,000 under ADB’s competitive selection process for financial institutions in Georgia. The technical assistance is awarded through ADB’s “Promoting Green Banking for Sustainable Development” program, which aims to strengthen the capacity of financial institutions to expand green financing opportunities...Read More
Microbank Crystal has announced changes to its Supervisory Board, welcoming three new members: Gulnara Shamshieva, Jil Ebanoidze, and Natia Janelidze. All three bring extensive professional experience in the financial sector. As a result of these changes, Crystal’s Supervisory Board will now consist of seven members in total. Notably, women hold the majority of seats on...Read More
BlueOrchard Microfinance Fund, managed by Swiss impact investment manager BlueOrchard Finance Ltd, and Microbank Crystal have strengthened their partnership through a new USD 16 million credit facility. The financing is denominated in GEL and will be disbursed in multiple tranches, aligned with the company’s liquidity and portfolio growth requirements. The funding will support Crystal’s continued...Read More
Microbank Crystal has signed the largest senior loan in its history, totaling USD 20 million, with Invest In Visions, a reputable, impact-driven fund based in Germany. The facility, denominated in Georgian Lari will be deployed to finance micro and small enterprises across Georgia. This landmark transaction represents Crystal’s first major international borrowing in 2026. The...Read More
Crystal marks one year since obtaining its microbank license. Transitioning to the higher league of Georgia’s financial market has proven to be not only a milestone achievement for the company, but also a year defined by significant progress, innovation, and success. Notably, Crystal began operating under its new status and launched full-scale banking services in...Read More
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok