Basisbank continues to provide finance for the agricultural sector. With the support of the Bank and within the framework of the Preferential Agricredit project, Chateau Basilon, reconstructed the historic wine cellar in the village of Khirsa, Sighnaghi, Kakheti. Basisbank invested GEL 1 million 110 thousand for the revival of the old wine cellar.

Chateau Basilon implemented another important project with the financial support of GEL 510 thousand from Basisbank and through the Preferential Agricredit program: the first unique agro ecosystem in Georgia on own land plot on the slopes of the Nekresi monastery, where 40 hectares of Saperavi vineyards are planted. Acacia, paulownia and pomegranate forests are planted around the vineyards, on 30 hectares, to maintain natural balance between plants, birds, insects and microorganisms.

Currently, Chateau Basilon vineyards are fully operational. The local semi-dry red wine Kakheti will be bottled shortly, ready to be exported both to the local market and to various countries around the world.
"We continuously support the development of individuals and companies employed in the field of agriculture, excited to create new opportunities for successful business activities. Each new properly operating project that creates new jobs supports stronger economy. I hope that the partnership between us and Chateau Basilon will further expand to reach new dimensions in the future," said Giorgi Gabunia, Commercial Director of Basisbank.

(R)