Corporate Governance Print E-mail

This direction of the MFO Swiss-Credit  based on the following main Principles of the Corporate Governance:
•    The Supervisory Board is responsible for the corporate governance structure of the company and compliance with the main principles of the company activities.
•    The company is founded by 2 shareholders who have equal rights.
•    Family members of the individuals who are authorized to represent the Company and their representatives cannot be appointed as proxies.
•    Procedures for General Meeting of Shareholders allow for equitable treatment of all shareholders. The Company’s procedures do not make it unduly difficult or expensive for shareholders to cast votes.
•    Changes in the capital equity structure are made in a manner that ensures equitable treatment of shareholders.
•    The Company takes into consideration the interests of the Company’s stakeholders and has established principles of Conduct and Ethics that regulates all aspects of the Company’s relationship with its stakeholders.
•    The Company ensures the timely and accurate disclosure or all material matters regarding the corporation, including its financial situation, performance, ownership and corporate governance.
•    The Supervisory Board is responsible for the strategic guidance of the Company, the effective monitoring of the management, and the Board’s accountability to the Company and all other interested parties.
•    The Supervisory Board is composed in such a way that it provides independent, autonomous and free expression of attitudes and opinions of the members.
•    The Supervisory Board has a Chairman who provides the function of the Supervisory Board properly.
•    The Supervisory Board is responsible for achieving the Company’s aims, strategy and results.
•    The members of the Supervisory Board are responsible for complying with all laws and regulations, for managing the risks associated with the Company activities and for financing the Company.

Contact Us

4600, Pushkini st.#9, Kutaisi, Georgia.
+995 431 25 90 90
+995 431 25 91 91





The Founding Partner and owner of 89% of MFO “Swiss-Credit” shares, he is also Head of Supervisory Board of the company. Since 2009, Mr. Ali Riza Kizildag presents a big group of European investors in Georgia.