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BRIEF-Georgia's BGEO buys loan portfolio from JSC ProCredit Bank
December 13, 2016 / 7:27 AM / a year ago

BRIEF-Georgia's BGEO buys loan portfolio from JSC ProCredit Bank

Dec 13 (Reuters) - BGEO Group Plc

* JSC Bank Of Georgia purchases a micro and small business loan portfolio from JSC ProCredit Bank

* Transaction will add c.2,400 micro and small business clients and a net value of c.GEL 120 million loans to BOG’s retail banking loan portfolio Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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