European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are preparing a volume financial package to support Georgia’s banking sector, Georgian Prime Minister Vladimir Gurgenidze stated.

“Additional funding will help banks in the nearest future reestablish crediting of the country’s economy”, the Prime Minister noted.

As the Acting President of the National Bank of Georgia David Amaglobeli stated recently, the international financial institutions are ready to provide Georgian banks over $1bln in the course of the coming 1,5 years.

The USA stated its intention to provide Tbilisi aid at the sum of $1bln. The International Monetary Fund has approved a new program for Georgia at the total sum of $750mln.

Among organizations, ready to render Georgia financial support, besides EBRD and IFC, are also the Asian Development Bank and the German KfW Bank.