News

Microbank Crystal has signed a USD 20 million senior loan agreement with FMO, the Dutch entrepreneurial development bank, marking almost a decade of successful partnership between the two institutions. The facility, provided in the local currency equivalent, will be used to finance micro, small and medium-sized enterprises (MSMEs) across Georgia, with 20% of the financing...Read More

Microbank Crystal has been selected by the Asian Development Bank (ADB) to receive a technical assistance of GEL 300,000 under ADB’s competitive selection process for financial institutions in Georgia.  The technical assistance is awarded through ADB’s “Promoting Green Banking for Sustainable Development” program, which aims to strengthen the capacity of financial institutions to expand green financing opportunities...Read More

Microbank Crystal has announced changes to its Supervisory Board, welcoming three new members: Gulnara Shamshieva, Jil Ebanoidze, and Natia Janelidze. All three bring extensive professional experience in the financial sector. As a result of these changes, Crystal’s Supervisory Board will now consist of seven members in total. Notably, women hold the majority of seats on...Read More

BlueOrchard Microfinance Fund, managed by Swiss impact investment manager BlueOrchard Finance Ltd, and Microbank Crystal have strengthened their partnership through a new USD 16 million credit facility. The financing is denominated in GEL and will be disbursed in multiple tranches, aligned with the company’s liquidity and portfolio growth requirements. The funding will support Crystal’s continued...Read More

Microbank Crystal has signed the largest senior loan in its history, totaling USD 20 million, with Invest In Visions, a reputable, impact-driven fund based in Germany. The facility, denominated in Georgian Lari will be deployed to finance micro and small enterprises across Georgia. This landmark transaction represents Crystal’s first major international borrowing in 2026. The...Read More

Crystal marks one year since obtaining its microbank license. Transitioning to the higher league of Georgia’s financial market has proven to be not only a milestone achievement for the company, but also a year defined by significant progress, innovation, and success. Notably, Crystal began operating under its new status and launched full-scale banking services in...Read More

Microbank Crystal has been awarded the Best Sustainability Report in the Large Financial Companies category within the framework of BARTA 2025. Crystal has been participating in the BARTA competition for seven consecutive years and has received an award each year, reflecting the company’s consistent commitment to transparency and high-quality reporting. This recognition clearly highlights Microbank...Read More

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...Read More

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...Read More