Published by Wanda Rich
Posted on October 31, 2023
2 min readLast updated: January 31, 2026
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The influential international financial publication Global Banking & Finance Review has published the results of the annual awards. Basisbank received special recognition and won the 2023 nomination of the ‘Best SME Bank Georgia’.
The influential international financial publication Global Banking & Finance Review has published the results of the annual awards. Basisbank received special recognition and won the 2023 nomination of the ‘Best SME Bank Georgia’.
The success of Basisbank in this nomination stems from a strong strategy of one of the major financiers of businesses across the country and confirms its client-centric and leadership position in the small and medium business sector. Continuing to develop dynamically in 2023, Basisbank is positioned among the top three banks in the country by business lending.
Wanda Rich, Editor of Global Banking & Finance Review, commended Basisbank for their industry-leading performance, stating, “Basisbank has demonstrated a strong commitment to supporting the development and growth of small and medium enterprises in the region. They showed considerable progress in increasing SME client access and providing customized financial solutions. Their endeavours to strengthen ties with partners and magnify the reach of working capital and trade finance underscores their unmatched expertise in fuelling SME growth across the country.”
“We are proud to receive the recognition of Basisbank by Global Finance, an internationally trusted publication. We have a 30-year history of successful work in the banking sector, managing to stay focused on growth and development at all times. This award is another confirmation of the team’s selfless work and commitment to providing the best products and services for business. Basisbank firmly holds the position of one of the leading banks promoting access to finance in the country, and another international recognition is particularly important for us.” – Gigi Gabunia, Commercial Director of Basisbank, said.
The Global Banking & Finance Awards® are renowned for identifying and celebrating institutions that demonstrate outstanding expertise and progress in the banking and finance industry. Financial companies are awarded for their strategic achievements and innovations every year. Global Banking & Finance Review has an unbiased editorial policy and is highly trusted in financial circles.
SME Banking refers to financial services specifically tailored for small and medium-sized enterprises, offering products like loans, credit, and business accounts to support their growth and operations.
Banking Awards are recognitions given to financial institutions for excellence in various categories such as customer service, innovation, and performance within the banking and finance industry.
A Client-Centric Approach focuses on creating positive experiences for customers by understanding their needs and preferences, ensuring that services and products are tailored to meet those expectations.
Trade Finance refers to financial products and services that facilitate international trade, helping businesses manage the risks and complexities involved in importing and exporting goods.
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