Microbank Crystal has appointed Scope Ratings GmbH as its new credit rating agency, marking the next step in the company’s institutional development. As a result, we are glad to confirm that SCOPE Ratings has assigned B+/Stable credit rating to Microbank Crystal reflecting its position as Georgia’s largest microbank, specializing in microcredit, agricultural, and SME.
The decision to receive rating from SCOPE Ratings follows Crystal’s successful transformation into a microbank and reflects its commitment to bringing fresh perspectives, new opportunities, and deeper market insights to its strategy.
The rating underscores Crystal’s strong earnings performance, sound asset quality, and solid liquidity, all supported by disciplined risk management and the oversight of leading institutional shareholders. Scope further highlights the bank’s significant growth potential following its transition to a fully licensed microbank, reaffirming Crystal’s position as a resilient, forward-looking, and socially responsible institution in Georgia’s financial sector.
SCOPE Ratings, a leading European credit rating agency, has extensive experience assessing financial institutions in emerging markets. Its growing presence in the Georgian microbank sector further supports Crystal’s vision of aligning with a partner that combines global standards with a strong understanding of the local market.
Follow the link to access the Rating Report.