Bank CRYSTAL

The history of Bank Crystal dates back to 1998, when internally displaced persons from Abkhazia founded a local non-profit organization – the Charity Humanitarian Center “Abkhazeti” and launched a pilot micro-lending program. The fund’s debt capital at that time was just $10,000. Over the course of almost 27 years, the organization has gone through a long journey, full of challenges and achievements. Before obtaining a microbank license, the company operated in the Georgian financial market as a microfinance organization. Crystal meets the license with the loan portfolio of GEL 520 million, more than 1,000 members of staff in 48 branches and over 105,000 unique customers across the country.