TBC Bank will offer improved conditions to wineries under Preferential Agro Credit initiated by the Ministry of Agriculture of Georgia. The aim of the initiative is to simplify the work of winemakers and give them the opportunity to meet the Vintage 2020.
Namely, the grape processing enterprises will have an opportunity to apply a loan of 20,000 to 15,000,000 GEL. As of the updated terms, the project envisage co-financing up to 11% of the annual interest accrued on the loan for a period of up to 48 months.
To note, TBC Bank is already a partner of the project for 7 years and more than 11,000 farmers have been funded within the frame of the project.
