MicroBank Crystal has secured GEL 230 million in new funding commitments for 2025, partnering with leading international and local financial institutions to expand access to finance across Georgia. This capital mobilization represented one of the largest annual funding rounds in the company’s history and underscores Crystal’s critical role in supporting the country’s economic resilience and long-term growth.
Key transactions included a USD 10 million facility from the European Bank for Reconstruction and Development (EBRD) and an EUR 8 million financing agreement with the Council of Europe Development Bank (CEB). The company also strengthened its capital base through a USD 7.5 million subordinated loan from Triple Jump funds. In total, Crystal completed nearly 20 transactions with international partners over the course of the year, demonstrating sustained global confidence in the institution and in Georgia’s financial sector.
In 2025, SCOPE Ratings upgraded Crystal’s international credit rating to B+/Stable, reflecting the company’s solid revenue performance, resilient asset quality, stable liquidity, and strong management team — supported by reputable institutional shareholders. The upgrade further enhances Georgia’s visibility in international capital markets.
Crystal’s Chief Executive Officer, Ilia Revia, stated:
“The funding we have mobilized this year is not only an achievement for Crystal—it is a strategic contribution to Georgia’s economic development. International resources of this scale allow us to channel capital directly to small and medium-sized enterprises, micro-entrepreneurs, women, youth, and farmers. By expanding access to finance and supporting productive investments, we help generate jobs, strengthen rural and urban economies, and promote inclusive growth across the country.”
He added:
“Since obtaining our microfinance license, Crystal has significantly expanded its network of international partners. Our collaboration with reputable global financial institutions reinforces confidence in Georgia’s financial ecosystem and empowers us to continue delivering tailored financial solutions to the business sector. As a financial institution, our priority remains enabling entrepreneurship, supporting long-term competitiveness, and driving sustainable economic development.”
Crystal will maintain its active cooperation with international financial institutions throughout 2026, continuing to mobilize capital that strengthens Georgia’s economy and broadens financial opportunities for its citizens.
About Microbank Crystal
Founded in Georgia, Crystal is recognized as one of the country’s leading financial institutions, known for its sustained growth and robust reputation. On February 12, 2025, the company officially received its microbanking license from the National Bank of Georgia. With 27 years of experience, a loan portfolio of over 600 million GEL, a team of more than 1,000 employees across 47 branches, and a client base exceeding 100,000 individuals nationwide, Crystal continues to be a key player in Georgia’s financial landscape. The company maintains strategic partnerships with major international and local financial institutions.