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BGEO Bank Of Georgia Group Plc

5,080.00
185.00 (3.78%)
Last Updated: 12:09:52
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bank Of Georgia Group Plc LSE:BGEO London Ordinary Share GB00BF4HYT85 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  185.00 3.78% 5,080.00 5,060.00 5,080.00 5,080.00 4,830.00 4,830.00 23,941 12:09:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Bank of Georgia Subsidiary Signs $50 Million Trade Finance Facility With Citi

18/09/2020 8:19am

Dow Jones News


Bank Of Georgia (LSE:BGEO)
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By Adria Calatayud

 

Bank of Georgia Group PLC said Friday that its subsidiary JSC Bank of Georgia has signed a trade-finance facility of $50 million with Citigroup Inc. to enhance its offering for the Georgian corporate and small- and medium-sized sectors.

The European lender said the one-year facility has been arranged under a continuing reimbursement agreement it signed with Citi in 2011. The facility represents the sixth transaction between Citi and Bank of Georgia under the agreement, the London-listed Georgian bank said.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

September 18, 2020 03:04 ET (07:04 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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