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  • Crystal Updates 26

Galt&Taggart has successfully issued Crystal’s GEL 15 million corporate bonds

Mar 20, 2019
March 20, 2019, Tbilisi – Galt&Taggart announced the issuance of GEL 15 million corporate bonds by Crystal, financial inclusion organization, which mature on March 2021. The annual coupon rate has been set at 4% over the National Bank of Georgia’s monetary policy (refinancing) rate. Crystal is the first non-banking financial institution in Georgia and the
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Crystal Received Grand Prix at the Georgia’s Responsible Business Contest

Dec 17, 2018
Tbilisi, December 17, 2018 – JSC Microfinance Organization Crystal has been awarded a Grand Prix at the Georgia’s Responsible Business Contest – Meliora 2018. The awards ceremony took place in Tbilisi on December 13, bringing together 41 companies and 76 projects. The independent jury was comprised of the leading Georgian and international experts from the
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MFO Crystal Partners with Asia-based Fund Manager to Finance Local Microentrepreneurs

Nov 02, 2018
JSC MFO Crystal, the largest microfinance organization in Georgia, received financing from EFA Group, a Singapore-based asset management firm specializing in private debt, to support its expanding activities. MFO Crystal and EFA Group have signed a senior unsecured loan agreement of USD 2.5 million where the facility will be used to provide credit to micro
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GGF & Crystal to Expand Energy Efficiency Financing in Georgia

Jul 24, 2018
The Green for Growth Fund (GGF) has provided a senior loan of $1.5 million to new partner JSC MFO Crystal (Crystal) to expand green energy lending in Georgia. The largest microfinance organization in the country, Crystal primarily serves microentrepreneurs and farmers, with a strong focus on rural clients. The institution is also unique among microlenders
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MFO Crystal at UK’s House Of Commons

Jun 15, 2018
Crystal sponsored the reception for Georgian start-up entrepreneurs in the UK’s House of Commons On June 14th, Crystal and Crystal Fund  arranged a reception at the House of Commons in London. The main theme of the event was UK-Georgia technology, trade and investment cooperation. The reception was hosted by Mr. Fabian Hamilton MP, a Shadow
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