Banks

The FINANCIAL -- The volume of lending by commercial banks (including loans to non-residents; excluding Credo Bank) in August 2017 increased by 183.7 million GEL or by 1.0 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 0.3 percent) and constituted 19.2 billion GEL by September 1, ...

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The FINANCIAL -- In August 2017, the volume of money transfers from abroad constituted 121.8 million USD (291.9 million GEL), which is 15.1 percent (16.0 million USD) more than the amount in August ...

The FINANCIAL -- ING announced on September 14 that it will start a partnership with online wealth manager Scalable Capital, one of the leading fintechs in the European robo-advice ...

The FINANCIAL -- The total volume of non-bank deposits in the country's banking sector increased by 5.0 percent (exchange rate effect excluded volume of deposits increased by 4.2 percent), or by ...