The FINANCIAL -- For the first time, Global Finance Magazine names a Georgian Bank in its World’s Best Consumer Internet Banks categories.

The FINANCIAL -- Total volume of the non-bank deposits in the country's banking sector increased by 1.2 percent or 83.2 million GEL compared with the June 1, 2012, and constituted 7.2 billion GEL by July 1, 2012.

The FINANCIAL -- As July 1, 2012, the banking sector in Georgia is represented by 18 commercial banks, including 15 foreign-controlled banks and two branches of non-resident banks.

The FINANCIAL -- The volume of lending by commercial banks (including loans to non-residents) in June, 2012, compared to the previous month, increased by 412.6 million GEL (5.2 percent) and exceeded 8.3 billion GEL by July 1, 2012.

The FINANCIAL -- Starting today, TBC Bank offers its customers yet another innovation: Digipass Nano.

The FINANCIAL -- On July 25 , 2012, GEL 10 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

The FINANCIAL -- ProCredit Bank, Georgia announces changes in its Management Board: Dr. h.c. Sascha Ternes, Director of the bank since 2007, has been appointed as General Director and will replace Ms. Maya Meredova.

The FINANCIAL -- Despite a sharp decrease in external borrowing by Georgian banks since 2008, foreign financing still plays a key role in the operation of the overall banking system whether it’s foreign equity at banks or the amount of deposits by foreign residents.