ADB Backs Georgia MSMEs With $100m Loan Via TBC Bank

Under the financing package, up to 70% of the loan will be directed to MSMEs, with at least 20% earmarked for women-owned and women-led enterprises.

The Asian Development Bank (ADB) has approved a GEL 270 million ($100 million) loan to JSC TBC Bank, significantly expanding access to affordable and long-term financing for micro, small and medium-sized enterprises (MSMEs) across Georgia, with a strong focus on women-led businesses and green investments.

Under the financing package, up to 70% of the loan will be directed to MSMEs, with at least 20% earmarked for women-owned and women-led enterprises. A further minimum 30% will support eligible green investments aligned with the National Bank of Georgia’s green taxonomy, accelerating the transition to low-carbon and climate-resilient business practices.

“Strengthening the private sector is a core priority for ADB,” said Lesley Bearman Lahm, ADB Country Director for Georgia. “MSMEs are the backbone of the Georgian economy, and this partnership with TBC Bank will help deliver sustainable, inclusive and long-lasting economic growth.”

Expanding finance, jobs and climate resilience

The project will enable MSMEs to access stable, affordable and longer-tenor loans, supporting business expansion, job creation and increased productivity. It also aims to broaden access to tailored green finance solutions, helping businesses reduce emissions, adapt to extreme weather events and improve operational resilience.

ADB said the initiative will contribute to Georgia’s target of cutting greenhouse gas emissions by 35% from 1990 levels by 2030, while strengthening the role of MSMEs in the national economy.

To support implementation, ADB will also provide $250,000 in technical assistance to help TBC Bank build in-house green finance expertise and enhance tools for estimating and reporting borrowers’ greenhouse gas impacts.

Long-standing partnership

TBC Bank CEO Vakhtang Butskhrikidze welcomed the new financing, describing it as a continuation of the bank’s strategic alignment with inclusive and sustainable growth.

“This financing will further strengthen our ability to support MSMEs across Georgia by expanding access to long-term funding,” he said. “Supporting women-led businesses and green investments is fully aligned with our strategy and Georgia’s development priorities.”

The project will also enhance rural outreach through TBC Bank’s nationwide network, helping stimulate local business activity, raise incomes and generate employment outside major urban centres.

Strategic alignment

The initiative aligns with ADB’s Country Partnership Strategy for Georgia 2024–2028, which prioritises private sector financing, small business development and environmentally sustainable practices.

TBC Bank is Georgia’s largest financial services group, holding a 37.2% market share in both customer loans and deposits as of 30 September 2025, according to the National Bank of Georgia. Its parent company, TBC Bank Group PLC, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

ADB has supported Georgia since 2007 and is the country’s largest multilateral development partner, with cumulative assistance exceeding $5 billion, including around $1 billion in private sector investments.