At Crystal, we are proud of our integration of Environmental, Social and Governance principles. Below is an overview of our recent ESG achievements.
Crystal was recognized as a winning company in the international Gender and Green Innovation Awards 2025, selected among the top 10 companies out of more than 200 participants worldwide. The competition was organized by the Asian Development Bank (ADB) and the Central Asia Regional Economic Cooperation (CAREC) Program.
At the annual “Corporate Sustainability Award – Business for Sustainable Development” competition, organized by the UN Global Compact Network Georgia, Microbank Crystal was honored with a special award. This recognition celebrates companies that have demonstrated the highest level of engagement in the initiative over the years, consistently sharing their progress toward the Sustainable Development Goals (SDGs) with the business community and the public, and being multiple-time winners of the Corporate Sustainability Award.
Crystal received the International Client Protection Certification from the International rating company – Microfinanza (MFR). Crystal earned the highest points in the following criteria: Transparency, responsible lending, fair and responsible approaches to customer service and ethical standards, and standards for protecting the confidentiality of customer data.
Reduced Inequalities Category (SDG 10) organized by the UN Global Compact Network Georgia.
The awarded project “Women’s Empowerment to Reduce Inequality” showcased Crystal’s comprehensive efforts and initiatives aimed at supporting women entrepreneurs and promoting inclusive economic participation.
Crystal was announced the winner of “Business for Gender Equality 2020” competition, hosted by the Millennium Foundation in partnership with the UN Women. The event served to honor Georgia-based companies, doing exceptional job to promote gender equality and empower female employees and clients.
Crystal received a social rating A- in 2019, which was upgraded to A in 2020, from independent ratings agency MFR, which provides an expert opinion on the social performance management of a financial service provider and its capacity to put its mission into practice and achieve social goals. We received particular commendation for our client protection systems and the quality of our services. The upgrade of the rating in 2020 was mainly driven by Crystal’s effective response to COVID-19 pandemic.
Crystal was recognised at the Corporate Social Responsibility Awards organised by Georgian CSR Club, the United Nations Global Compact and the Swedish International Development Agency, CiDA. We were awarded the prize for the category “Reasonable Consumption and Production” for the project “Green Financing”.
Crystal were selected by a panel of independent experts to receive the Best Annual Report and Transparency award in 2019. The awards were organised by the National Reforms Support Foundation (RSF), with support from the European Union, the World Bank, the Georgian Stock Exchange, the National Bank of Georgia and the EBRD.
Crystal was recognised at the Corporate Social Responsibility Awards organised by Georgian CSR Club, the United Nations Global Compact and the Swedish International Development Agency, CiDA. We were awarded the prize for Best Practice in the category of SDG #5: Gender Equality. The head of our E&S Division, Maya Kobalia, was further recognised as a young SDG pioneer by the Global Compact.
Crystal received the grand prix at the 2018 Meliora Awards, being ranked as Georgia’s most responsible large company. We were selected from a shortlist of 41 companies by a panel of independent experts within the framework of the Civil Society Sustainability Initiative, funded by the EU and German Federal Ministry for Economic Cooperation and Development.
