Basisbank launched operatin in 1993. It was set up in the period of rather complex business environment existing in the country. However, by own efforts, it managed to build up as a stably growing financial institution with a firm base.
Basisbank provides full package of banking services, for private and corporate customers.
The most important events of the last years were the recognition by the International Financial Institutions and further strengthening cooperation with them.
The successful cooperation was proceeded with the Agreement concluded between the European Bank for Reconstruction and Development and JSC Basisbank - EBRD acquired equity stake in Basisbank.
According to EBRD the decision was taken based on the Georgian bank’s stability, experience, a huge branch network, moderate and rational management and transparent ownership.
"Our future plans consider strengthening the position of Basisbank as of an indepenedent competitor in the Georgian banking sector. I believe that our huge support and experience used to the benefit of the Georgian bank, will fully guarantee Basisbank's further successful operation ans stability."
Head of FI Team (EBRD)
Nick Tesseyman
