News

Organisation Crystal Bank is one of the leading financial inclusion banks in Georgia.  It manages a loan portfolio of more than GEL 600 million, employing up to 1,000 members of staff, operating through 48 branches and serving more than 100,000 unique customers across Georgia.  Crystal acts as a platform for economic development for micro and...Read More

Microbank Crystal continues its strategic transformation process. As part of these changes, the bank will, for the first time, appoint an independent Chairperson of the Supervisory Board, in line with best practices in corporate governance. This development follows the successful completion of Crystal’s transformation into a microbank and the achievement of operational stability. It marks...Read More

Tbilisi, Georgia – Microbank Crystal has been named one of the winners of the CAREC’s Gender and Green Innovation Awards 2025. The competition was organized by the Asian Development Bank (ADB) and the Central Asia Regional Economic Cooperation (CAREC) program to recognize outstanding initiatives advancing gender equality and environmental sustainability. The international competition attracted more...Read More

Crystal has secured USD 11.5 million loan from the European Fund for Southeast Europe (EFSE). This new facility will be directed toward financing micro, small, and medium enterprises (MSMEs) and women entrepreneurs reinforcing Crystal’s mission to foster entrepreneurship and strengthen Georgia’s economy. Over the years, Crystal has been a trusted partner for small businesses, providing...Read More

Microbank Crystal took part in a meeting organized at the initiative of the Dutch Development Bank (FMO). The event brought together organizations that have collaborated with FMO for many years, creating a platform for sharing experience and exploring new opportunities. Crystal’s CEO, Ilia Revia, presented to participants the company’s recent banking transformation and shared new...Read More

Microbank Crystal is pleased to announce the successful completion of a new funding agreement with Symbiotics, a long-standing and trusted partner in inclusive and sustainable finance. The transaction amounts to USD 5 million in senior debt, sourced from several funds managed by Symbiotics. The financing is denominated in Georgian Lari, ensuring that resources are closely...Read More

TBILISI/ PARIS August 15, 2025 – Microbank Crystal and the Council of Europe Development Bank (CEB) have signed an €8 million loan agreement to expand access to finance for microenterprises and microentrepreneurs in Georgia. The financing will help strengthen entrepreneurship, foster sustainable economic growth and support jobs. The loan will be matched by a 50%...Read More

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...Read More

The European Bank for Reconstruction and Development (EBRD) has arranged a US$ 10 million (€8.6 million) financing package for Crystal, one of Georgia’s leading microbanks, to support private-sector development and boost green finance in the country. That financing package is in two parts. The first – an EBRD loan of US$ 8 million – will...Read More