In the course of the recent month, “ProCredit Bank” opened three new branches in Tbilisi, the first branch in Ozurgeti and one additional branch in Zugdidi.

Mediamax reports referring News-Georgia that at present “ProCredit Bank” has 49 branches in all regions pf Georgia. This number will be increased to 57 by the end of 2008. Five new branches are planned to be opened in Tbilisi, as well as in Borjomi, Zestafoni and Akhaltsikhe.

The bank plans to expand the network of cash-machines. At present, there are 83 cash-machines of “ProCredit Bank” functioning in Georgia, and by the end of the year their number will increase to 100.

“ProCredit Bank” started its activity in Georgia in 1999. The orientation of the bank’s activity is the crediting of small and medium enterprise. The share-holders of the bank are ProCredit Holding (92,6%) and IPC (7,4%).