Credo Bank Georgia

0 standards supported

Key details

Parent: branches

Overview

Credo Bank Georgia is Georgian microfinance + commercial bank + one of Georgia's mid-sized commercial banks by branches + founded Mar 1997 in Tbilisi Georgia as World Vision microfinance program then 2007 Credo microfinance organisation then 2017 Credo Bank JSC full commercial banking license ^{1, Georgia report}.

History

Mar 1997 — World Vision microfinance program founded in Tbilisi Georgia as rural microcredit pilot for Georgian smallholder farmers.

2007 — Credo microfinance organisation spin-off.

2017 — Credo Bank JSC full National Bank of Georgia NBG commercial banking license consolidating Credo microfinance brand into commercial banking.

Ownership & operator

Operating entity: Credo Bank JSC (Georgian microfinance + commercial bank).

Major shareholders: Access Microfinance Holding AccessHolding + responsAbility Investments AG + Triodos Microfinance Fund + Georgian retail + institutional + foreign investors.

Regulators: National Bank of Georgia NBG.

Technical integration

Credo Mobile app (iOS + Android) + credobank.ge online + Credo Bank branch + microfinance branch network across Georgia + Credo Visa + Mastercard cards; EMVCo QRCPS QR payments + Georgian Lari GEL domestic transfers.

Implementations & partners

Major Georgian banking + payments competitors: TBC Bank (Georgia + Uzbekistan) (TBC Bank Group plc; LON: TBCG FTSE 250 index; Georgian commercial bank) + Bank of Georgia (Bank of Georgia Group plc; LON: BGEO FTSE 250 index; Georgian commercial bank) + Liberty Bank Georgia (Liberty Bank; GeoCSD: LIBR; Georgian commercial bank; one of Georgia's largest retail commercial banks by branches).

Regulators: National Bank of Georgia NBG.

Status

Active, Georgian microfinance + commercial bank + one of Georgia's mid-sized commercial banks by branches + founded Mar 1997 in Tbilisi Georgia as World Vision microfinance program then 2007 Credo microfinance organisation then 2017 Credo Bank JSC full commercial banking license ^{1, 2}.

Sources

1 Credo — official
2 Credo — Wikipedia
^{Georgia report} In-corpus: reports/countries/GE-georgia.md

Source

Biography extracted from credo-bank-ge.md. See matrix.md for standards-support matrix if present.