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Tbilisi/Zurich: Financial Inclusion Organisation Crystal has strengthened longstanding partnership with Swiss Impact Investment Manager responsAbility Investments AG with a new $5 million senior facility to support Crystal’s clients to tackle post-pandemic challenges. Loan is intended to support development of innovative financial services to micro entrepreneurs and farmers across Georgia. Crystal and responsAbility Investments AG have...
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On March 25, Crystal was announced the winner of “Business for Gender Equality 2020” competition, hosted by the Millennium Foundation in partnership with the UN Women and the Business Leaders Federation Women for the Future. The event served to honor Georgia-based companies, doing exceptional job to promote gender equality and empower female employees and clients.For...
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On February 19, Fitch reviewed Crystal’s rating and placed Rating Watch Negative on Refinancing Risk. Crystal, consistent with its transparency culture, continues a partnership with the credit rating agency despite of worsened macroeconomic environment and elevated risks in the financial sector. The latest report singles out refinancing as an open risk, but more importantly it...
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