Georgia, Oct. 5 -- The Asian Development Bank (ADB) has signed a GEL120 million (approximately $46 million) local currency loan with JSC Credo Bank to help expand financing for micro, small, and medium-sized enterprises (MSMEs), including women MSMEs, operating in regions outside Tbilisi. The loan will address existing local currency financing gaps, especially for longer-term maturities, while mitigating foreign exchange risks for enterprises and strengthening the resilience of Georgia's banks. ADB has partnered with Credo Bank since 2015, providing support to expand MSME lending and strengthen financial inclusion for rural MSMEs in agriculture, as well as countercyclical support during the COVID-19 pandemic. Based on its rural microfinance...