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Bank of Georgia implements new business project

Business Materials 11 February 2021 19:12 (UTC +04:00)

BAKU, Azerbaijan, Feb.11

By Tamilla Mammadova – Trend:

Bank of Georgia continues to support local production in Georgia, Trend reports via Georgian media.

In order to expand and support the activities of LLC "Confectionery company", the Bank attracted investments in the amount of $150,000.

The total cost of the project is 1 million lari ($302,913), within the framework of which a new enterprise will be added to the "Confectionery company" in the near future. Thanks to him, the company will be able to produce even more diversify the range of offered confectionery products.

The company employs 10 people, products are sold in all regions of Georgia, including in the Sandomi network.

"Bank of Georgia continues to actively encourage local production. With our financial support, "Confectionery company" LLC is expanding. Creating more jobs and strengthening local business remain the top priorities of the Bank of Georgia," said Merab Akhvlediani, Bank of Georgia Retail Banking Director.

Bank of Georgia Group PLC is the UK incorporated holding company that, through its subsidiaries, carries out retail banking and payment services, and b corporate investment banking and wealth management operations in Georgia, and c banking operations in Belarus.

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