Basisbank

Georgia: Bank of Georgia Reduces Interest Rate on Micro Loans.
TendersInfo; 10/14/2009; 787 words; ...offered by Procredit Bank Georgia. The minimal sum being 16%. Bank Republic, SocGen Group, provides micro credits at 18%. BasisBank - 22%, KOR Standard Bank - 18%, and VTB Bank Georgia - also 18%. Recently Bank of Georgia has decided to increase limits...

Fitch lowers four Georgian banks, outlook negative (Part 2).
Russia & CIS Business and Financial Newswire; 8/12/2008; 1455 words; ...to Evolving from Positive and affirmed the ratings of JSC Basisbank. The rating actions follow the downgrade on August 8, 2008...of a downgrade of the Country Ceiling. The affirmation of Basisbank reflects the fact that, while the bank is significantly exposed...

EBRD acquires 15% stake in Georgia's Basisbank for $4.2 mln.
Russia & CIS Business and Financial Newswire; 5/22/2008; 685 words; ...EBRD acquires 15% stake in Georgia's Basisbank for $4.2 mln TBILISI. May 22 (Interfax...million for a 15% stake in Georgia's Basisbank, Tamara Khaduri, head of the Georgian...The EBRD bought 881,000 shares in Basisbank for $4.75 per share. This interest...

EBRD opens $6 mln credit line to Georgia's Basisbank.
Russia & CIS Business and Financial Newswire; 9/24/2007; 387 words; ...opens $6 mln credit line to Georgia's Basisbank TBILISI. Sept 24 (Interfax) - The...6 million credit line to Georgia's Basisbank, a source in the bank told Interfax...sized business," the source said. Basisbank was established in 1993 and had assets...

Fitch assigns Georgia's Basisbank 'CCC' rating.
Russia & CIS Business and Financial Newswire; 9/20/2007; 488 words; Fitch assigns Georgia's Basisbank 'CCC' rating LONDON/MOSCOW. Sept 20 (Interfax) - Fitch Ratings has assigned Georgia's JSC Basisbank (BB) a Long-term Issuer Default rating (IDR) of 'CCC' with a Stable Outlook, Short-term IDR...