
TBC Bank has announced the start of a strategic partnership with the microfinance organization Oasis Credit. TBC Bank's CEO Spartak Tetrashvili highlighted that this cooperation will enable faster provision of essential financial tools for businesses and expand outreach.
According to Oasis Credit's CEO Mahmudali Gusaynov, this is the first domestic loan provided in the national currency by TBC. Previously, Oasis Credit had only attracted funds from abroad.
The new financial resources will help to continue supporting small and micro-businesses, which constitute more than 95 percent of the company's portfolio.
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