Credo Bank is dedicated to strengthening the private sector in Georgia. In partnership with the EBRD, the bank is now offering a cashback program aimed at supporting agricultural, tourism, and urban businesses. Customers who purchase inventory, either large or small, through Credo Bank are eligible to receive up to 10% cashback on their accounts.
To take advantage of the cashback offer under the project, you can fill out an online application, call us at 4242, or visit any Credo Bank service center. There, you can complete the application form with the assistance of a loan officer and submit the required documentation with the help of a bank representative.
Eligible credit products include but are not limited to:
- Tractors
- Transport vehicles (e.g., pickup trucks)
- Equipment (e.g., irrigation systems, air conditioners, refrigerators)
- Water heaters (boilers)
- Cooling devices
- Irrigation devices
- Engines and pumps
- Solar panels
- Production process technology/equipment
- Thermal insulation systems
- Secondary water processing reservoirs
- Energy-efficient/metal-plastic doors and windows
A detailed list of eligible items can be found at the provided link.
To qualify for the cashback program:
1.Participants must be legal entities or individual entrepreneurs.
2.The maximum loan amount is $200,000 or its equivalent in the national currency.
3.Refer to the detailed list of eligible items in the appendix.
The maximum cashback is 10% of the purchase amount.
The cashback, determined by the EBRD, will be credited to the customer’s account within a maximum of two months after the credit products have been utilized.