At the annual Award Ceremony,  hosted by the Global Compact Network Georgia – “Corporate Social Responsibility Awards 2020 – Business for Sustainable Development”, Crystal was announced as the Winner in the category “Sustainable Consumption and Production” (SDG #12) for its “Green Financing” project. The “green finance” line (Crystal Green) has been in place in Crystal...Read More

Financial Inclusion Organization “Crystal” ranked up in its social rating, having earned “A” from the international rating agency Microfinanza. With this result, the company further improved its 2019 rating of “A-“. Improvement in 2020 Social Rating demonstrates the company’s high responsibility, which became even more apparent during the Covid-19 pandemics. It is noteworthy that several...Read More

Tbilisi/Antwerp/Frankfurt: Crystal confirmed $8 million senior loan facility from Incofin IM advised IIV Mikrofinanzfonds to support its provision of innovative financial services to micro entrepreneurs and farmers across Georgia. This new loan injection provided crucial reinforcement of Crystal’s liquidity position at a time of increasing market uncertainty in the immediate pre-crisis period. The proceeds of this...Read More