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Credo Bank

@credo.ge

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Credo Bank, formerly known as Microfinance Organization Credo, is a leading financial institution in Georgia. It was established in 2007 with a mission to provide readily accessible financial services to micro and small businesses, as well as low-income individuals. The bank's headquarters is located in Tbilisi, the capital city of Georgia.


Credo Bank offers a comprehensive range of banking products and services to its customers. These include savings and current accounts, loans for personal and business purposes, term deposits, money transfers, and plastic cards. The bank also provides non-financial services such as financial education, business training, and consultancy to its clients.


Additionally, Credo Bank also offers digital banking services, enabling customers to access their accounts and perform transactions through online and mobile banking platforms. Despite being primarily focused on the Georgian market, Credo Bank has expanded its operations to other countries in the region. It has established subsidiary companies in Azerbaijan and Moldova, offering similar financial services and products.


Furthermore, the bank has formed strategic partnerships with international organizations and financial institutions to support its growth and enhance its offerings. For example, it has collaborated with the European Bank for Reconstruction and Development (EBRD) to finance small and medium-sized enterprises in Georgia. Credo Bank has emerged as a significant player in the Georgian banking sector, recognizing the growing importance of financial inclusion.


It is highly regarded for its innovative approach to banking and commitment to social responsibility. The bank has gained a strong market position in Georgia, with a substantial customer base and a wide network of branches and service points across the country. In terms of global sales, Credo Bank's primary focus remains on the Georgian market, and there is limited information available about its international activities.


However, its successful expansion into neighboring countries and partnerships with international organizations demonstrate its commitment to regional growth. As of the latest available information, there have been no major recent events or changes in strategy that significantly impact Credo Bank's growth or product lineup. The bank continues to focus on providing inclusive financial services and strengthening its position in the market.


In summary, Credo Bank is a leading financial institution in Georgia, providing a wide range of banking products and services. With its headquarters in Tbilisi, the bank has also expanded its operations to other countries in the region. It holds a strong market position in Georgia and is committed to promoting financial inclusion and social responsibility in the region

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Company Type

Privately Held

Company Size

1001-5000

Year Founded

1997

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