Progress Bank (Tbilisi) Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 51

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 4

Progress Bank (Tbilisi) General Information

Description

Provider of banking services based in Tbilisi, Georgia. The company provides commercial and retail banking services, deposit services, loan services, internet banking, mobile banking, money transfer services for individual and corporate customers.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Primary Industry
National Banks
Acquirer
Corporate Office
  • 8 North Baratashvili Street
  • Tbilisi, 0105
  • Georgia

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Progress Bank (Tbilisi) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Progress Bank (Tbilisi) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Progress Bank (Tbilisi) Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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