Exchange Rates
Currency
Buy
Sell
   USD
2.4000
2.4100
   EUR
2.6840
2.7040
   RUR
0.0389
0.0419
   TRY
0.6370
0.6870
   GBP
3.0430
3.0730
   CHF
2.4620
2.4920
   CAD
1.6500
1.8000
   AMD
0.0039
0.0046


 

Rico Express has been operating in the Georgian financial market since 1997. After the adoption of the law on microfinance organization in Georgia, in 2007 the company was registered with the National Bank of Georgia as a microfinance organization and named as Microfinance Organization Rico-Express Ltd. However, today the company still applies its brand “Rico Credit” (“Rico” in Latin means “success”). The company has been dynamically developed from the day of its foundation and has held one of the leading position among the financial institutions engaged in microcredits in the Georgian market.

Golden Bond
Bill  is document by means of which the undersigned undertakes the obligation to pay the sum specified in the note  personally or hends over another person to pay it.


Microfinance Organization
Law of Georgia On Microfinance Organization  Article 1. The Goal of the Law   The goal of this Law is to ensure legal regulation of the operations of microfinance organizations in Georgia and to establish a sound environment for their development. 


Mortgage Loan
What Is a Mortgage Loan? A mortgage loan is a loan secured with the real estate which may be provided both by an individual and by a legal entity, including a bank. The mortgage agreement is executed in writing and registered at the Public Register.