Istanbul, June 17, 2019 – JSC MFO Crystal and Black Sea Trade and Development Bank signed senior loan agreement of GEL 15,000,000. The facility intends working capital financing for industrial, agricultural and manufacturing enterprises for Georgia based entrepreneurs. This is the first step forward starting collaboration with BSTDB a prominent and distinctive partner, which has contributed

Milan, May 15th , 2019: After a thorough review of Crystal’s documents as well as after a week-long visit to Crystal’s Headquarters and Branches in Georgia, Global Rating Agency MFR (MicroFinanza Rating) and its Social Rating Committee – based on the Social Rating scale adopted by MicroFinanza Rating – has assigned to the Financial Inclusion Organization Crystal the Grade:

Kutaisi, Tbilisi, 23 May 2019 – JSC MFO Crystal is pleased to announce the appointment of Ilia Revia as Chief Executive Officer, effective from June 3, 2019. Ilia Revia worked in IT sector since 1998, and in Georgian banking industry since 2007. In 2009 he joined the Bank of Georgia as a project manager and progressed to the position of Deputy Chief Information Officer in 2014. He has successfully managed a number of complex change management projects such as

On May 2nd, Georgian Corporate Social Responsibility Club (CSR Club), Swedish International Development Cooperation Agency, CiDA and the UN Global Compact Network Georgia hosted a high-official event of the “Corporate Social Responsibility Awards 2019”. The CSR Award Competition brought together 33 major business companies from Georgia, with winners being announced in 5 nominations. Among them

April 17, 2019, Tbilisi – Bonds worth of GEL 15 million, maturity of 2 years was admitted to the category B listing of the Georgian Stock Exchange under the ticker #CRS02J. Admission was followed after Crystal second time issued corporate bonds and completed second transaction on Georgian capital market. Annual coupon was set at 4% over the