About Credo Bank
Credo Bank is a Financial Services company based in Tbilisi (Georgia) founded in 1997. Microfinance services are provided by Credo Bank in Georgia. Credo Bank has completed 2 acquisitions, including BIG and Credit plus. Its chief executive, as recorded, is Zaza Pirtskhelava. Its website credobank.ge draws about 178 thousand monthly visits. Its focus areas include Banks, Special Purpose Banks and Microfinance Banks. Its competitors include Crystal, Lazika Capital and Georgian Credit; 1 of its 3 listed competitors has raised funding.
Company details
Credo Bank was established in 1997 in Tbilisi, Georgia, as a microfinance institution. Operations are centered on offering financial services to small-scale borrowers and underserved communities in the region. The bank is managed by CEO Zaza Pirtskhelava, with a focus on accessible lending and savings products. Activities are conducted primarily within Georgia, supporting local economic development through targeted microfinance initiatives.
- Headquarters Tbilisi, Georgia
- SectorsFinancial Services
- Website category Gambling
- Email••••••••
- Phone•••• ••••
- Website credobank.ge
- Social LinkedIn
- Latest Funding Round$40M (USD), Debt – Conventional
Jun 2026
- Investments & AcquisitionsBIG
& 1 more
Funding Insights of Credo Bank
- Total Rounds 1
- Last Round Debt – Conventional — $40M
- First Round $40M
(Jun 2026)
All 1 funding rounds of Credo Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2026 | $40M | Debt – Conventional | – | – | – |
People of Credo Bank
32 people are tracked at Credo Bank (11 in leadership, 21 in team).
| Name | Role | Group |
|---|---|---|
Zaza Pirtskhelava | CEO | Leadership |
Nikoloz Kalichava | Call Centre Group Head | Leadership |
Ekaterine Japaridze | Head Of IT Service Management Unit | Leadership |
Antoine H. | Chief Digital Officer | Leadership |
Giorgi Nadareishvili | Chief Risk Officer (cro) | Leadership |
Zurab Jashi | Deputy Chief Risk Officer | Leadership |
Nikoloz Kutateladze | Chief Commercial Officer | Leadership |
Megan Gurgenidze | Head Of Marketing Communications | Leadership |
Nato Gudushauri | Head Of Customer Positive Experience, E&s Performance Unit | Leadership |
Natia Oshakmashvili | Head Of Administration And Procurement Department | Leadership |
Igor Semenenko | Head Of Application Support And Devops Unit | Leadership |
Salo Lipartia | IT Problem Manager | Team |
Mariam Makaradze | System Analyst | Team |
Giorgi Bebia | Core Banking Systems Developers Team Leader | Team |
Natia Babukhadia | Agile Coach | Team |
Tako Ghonghadze | Administrative Officer | Team |
Gurami Lobzhanidze | Procurement Officer | Team |
Tamar Kartvelishvili | AML Compliance Senior Officer | Team |
George Patarashvili | Information Security Officer | Team |
Irakli Ordenidze | .net Engineer | Team |
12 more people are available in the full profile.
Complete people profiles for Credo Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Credo Bank
Credo Bank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BIG and Credit plus.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial news topics are covered by an online portal. | big.com.ge | Tbilisi, Georgia | 2022 | Oct 2018 | •••• | |
Micro-credit is extended to low-income individuals and businesses. | creditplus.ge | Tbilisi, Georgia | 2009 | Oct 2018 | •••• |
Complete acquisition details for Credo Bank
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Credo Bank
4 dated milestones of Credo Bank across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Credo Bank is founded.
- Acquisition Acquires Credit plus.
- Acquisition Acquires BIG.
- Funding First funding round of $40.0M.
Competitors of Credo Bank
Credo Bank has 3 listed competitors in our database, 1 of them funded. They include Crystal, Lazika Capital and Georgian Credit.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| crystal.ge | 2011 | Kutaisi, Georgia | Microfinance, lending, and currency exchange services are offered to clients. | |||
| lazikacapital.ge | 2000 | Zugdidi, Georgia | $1.5M | Microcredit is extended to poor entrepreneurs and SMEs. | ||
| georgiancredit.ge | 2006 | Tbilisi, Georgia | Microcredit is extended to small entrepreneurs in Georgia. |
Detailed competitors of Credo Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Credo Bank
The website of Credo Bank (credobank.ge) receives about 178K visits a month and ranks #235,032 among all websites worldwide, #4,635 in Gambling.
- Monthly visits178K
▼ 14.9% vs previous month
- Unique visitors82.3K
per month
- Global rank#235,032
among all websites
- Category rank#4,635
Gambling · Gambling
- Bounce rate58%
- Pages per visit1.8
- Average visit1 min 23 sec
- DevicesDesktop 9% · Mobile 91%
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Related news about Credo Bank
Complete news archive for Credo Bank
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Credo Bank
Credo Bank was founded in 1997 and raised its 1st funding round 29 years after it was founded.
Credo Bank is headquartered in Tbilisi, Georgia.
Zaza Pirtskhelava is the CEO of Credo Bank, as recorded in our data.
Credo Bank was established in 1997 in Tbilisi, Georgia, as a microfinance institution. Operations are centered on offering financial services to small-scale borrowers and underserved communities in the region. The bank is managed by CEO Zaza Pirtskhelava, with a focus on accessible lending and savings products. Activities are conducted primarily within Georgia, supporting local economic development through targeted microfinance initiatives.
Credo Bank's top competitors include Lazika Capital, Crystal and Georgian Credit.
Credo Bank has made 2 acquisitions, including BIG, and Credit plus.
The website of Credo Bank receives about 178 thousand visits a month and ranks #235,032 among all websites worldwide.