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U.S. Chamber Foundation Report Analyzes Female Entrepreneurship State-By-State

Friday, April 18, 2014
News Making Money

Operating Income of BG Capital Increased by 37% in 2013

14/04/2014 00:00 (3 Day 21:28 minutes ago)


The FINANCIAL -- The operating income of BG Capital increased by 37% in 2013 and amounted to GEL 1,128,223.

Banks’ Credit Portfolio in Georgia Will Exceed GEL 12 Billion in 2013, Zurab Gvasalia

14/04/2014 00:00 (3 Day 21:28 minutes ago)


The FINANCIAL -- The Georgian banking sector will become more active within the framework of economic recovery and the credit portfolio will exceed at least GEL 12 billion, believes Zurab Gvasalia, President of the Association of Banks of Georgia. 

Liberty Bank: Ubiquity Taken to the Next Level

14/04/2014 00:00 (3 Day 21:28 minutes ago)


The FINANCIAL -- Net Interest Income of Liberty Bank increased by 11.1% y-o-y to GEL 60.6 million in 2013.

NBG: External Shocks Remain a Significant Risk

14/04/2014 00:00 (3 Day 21:28 minutes ago)


The FINANCIAL -- Increasing activity on the lending market is predicted to be one of the main challenges for the Georgian banking sector this year.

TBC Bank – Best Bank of Georgia 2014 by Global Finance

14/04/2014 00:00 (3 Day 21:28 minutes ago)


The FINANCIAL -- “Our market share in total assets and total loans stood at 25.3% and 27.2% respectively,” Vakhtang Butskhrikidze, Chief Executive Officer of TBC Bank, told The FINANCIAL.

Awards Ceremony for Georgian Calligraphy Contest at ProCredit Bank

18/03/2014 12:41 (30 Day 08:47 minutes ago)

The FINANCIAL -- ProCredit Bank hosted the Georgian Calligraphy Contest awards ceremony at its head office on 18 March, at noon.

Electronic signature system - innovation in banking

11/02/2014 10:13 (65 Day 11:15 minutes ago)

The FINANCIAL -- Thanks to an initiative by the National Bank of Georgia , a new service is now available in the Georgian banking system: the electronic signature.

VTB Bank performed the highest growth at the market by the volume of credits to physical persons

11/02/2014 10:10 (65 Day 11:18 minutes ago)

The FINANCIAL -- In 2013, VTB Bank increased the volume of credits to physical persons by 43.6%. Mentioned growth index is the highest at the market. The total amount of credits issued during the year was 208.3 million GEL. 

Within the project «Privileged Agro loan» VTB Bank issued loans with total amount 37 million GEL

05/02/2014 13:23 (71 Day 08:05 minutes ago)

The FINANCIAL -- Within the project “Privileged Agro loan” VTB Bank issued loans with total amount 37 million GEL. Generally, loans are issued within second, third and fifth components. 

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BofA Merrill Lynch Fund Manager Finds Continued Growth Optimism for 2014 Even With Higher Rates

16/04/2014 10:26 (1 Day 11:02 minutes ago)


The FINANCIAL -- Investor confidence in global economic growth remains high even as expectations of higher short-term rates increase, according to the BofA Merrill Lynch Fund Manager Survey for April.


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Parliament issues strong call for EU lobby transparency register to become mandatory

16/04/2014 16:53 (1 Day 04:35 minutes ago)

The FINANCIAL -- The report approved by MEPs gives an important signal to the European Commission that a far more ambitious approach is needed to secure genuine lobby transparency in the EU, according to EUbusiness Ltd.


Attack of the Clones: New Kids on the Block Shake Up CEE Consumables Space

12/04/2014 16:44 (5 Day 04:44 minutes ago)

The FINANCIAL -- Thriving sales of cheap new-build compatible products are having a profound impact on the CEE printer and MFP consumables market, according to global market intelligence firm International Data Corporation (IDC).

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