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Home > Businesses > Business Loans > Floating Loans

Floating rate business loans

Business loans with a floating interest rate can be issued in GEL or USD.

Compared to standard business loans, floating rate loans have the following advantages:

  • Long-term loan in the national currency with a maturity of up to 10 years.
  • Lower interest rate compared to fixed rate loans, both in GEL and USD.
  • Interest rates are adjusted according to market trends.

Floating rate loans in GEL are tied to the refinancing rate of the National Bank of Georgia (see

For instance, if the refinancing rate is 4%, the interest rate of the floating rate loans will be 11%. If the refinancing rate falls to 3%, the interest rate will change in direct proportion to the refinancing rate and become 10%.

Floating rate loans in USD are tied to the London Interbank Offered Rate (LIBOR) published by the British Banking Association. This interest rate is established for three-month deposits in USD (for details, please see :

Floating rate loans are granted:
for any business purposes (fixed assets, working capital, real estate)


for certain personal purposes (home improvement, purchase/renovation/construction of real estate).


Loan currency:GEL

Minimum amount: 30,000

Maximum maturity: 120 months

Interest rate*: Based on the refinancing rate of the National Bank of Georgia

Loan currency: USD

Minimum amount: 20,000

Maximum maturity: 180 months

Interest rate*: Based on the London Interbank Offered Rate (LIBOR)

*Information about changes in the interest rate will be sent via our Internet Banking service or in the form of short text messages.


Agro Credit
Can be used for Working capital, Fixed assets, Real estate and Other business needs

Floating Loans
Business loans with a floating interest rate can be issued in GEL or USD

Credit line
A credit line is a credit facility where only the monthly accrued interest is paid during the term of the credit line

Business overdraft
A business overdraft is a loan facility intended to provide short-term liquidity

Short-term business loan
A short-term business loan is helpful for one-off transactions/investments or for the start-up of new business lines.

Credit limits
Creditworthiness is the maximum amount which you can obtain from the bank based on the solvency of your business.
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