The FINANCIAL - Business

How DRC Carries out the Successful Resolution of Local and International Commercial Disputes

The FINANCIAL -- The “Dispute Resolution Center” (DRC) carries out the alternative procedures from the local court, namely Arbitration and Mediation to resolve local and international commercial ...

VTB Bank (Georgia) has revealed winners of the cardholders’ promotional campaign

The FINANCIAL -- On July 28, winners of the VTB Bank (Georgia) cardholders’ promotional campaign were revealed at the hotel Radisson. Grand prix was awarded to Nino Gelashvili and Salome ...

VTB Bank (Georgia) offers its clients Savings’ Card

The FINANCIAL -- The new VTB Bank (Georgia) Savings’ Card is the best tool for easy saving and free disposal of your savings. The Savings’ Card has two distinctive features – on one hand it is ...

Bank of Georgia University Starts Admission Process for its MBA Programme

The FINANCIAL -- The recently-established Bank of Georgia University has announced the start of its admission process for graduate students to its MBA ...

Current Tendencies Of Bank Deposits

The FINANCIAL -- The total volume of non-bank deposits in the country's banking sector decreased by 1.2 percent (exchange rate effect excluded volume of deposits increased by 0.6 percent), or by ...

KSB Bank offers 3D promotion!

The FINANCIAL -- 3D promotion of KSB Bank has started! Annual interest rate 8,9% (effective -12.6%), grace period: 3 months, credit card as a present (under the exclusive terms and conditions, ...

NBG: External Shocks Remain a Significant Risk

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

Current Condition Of Commercial Banks’ Assets

The FINANCIAL -- As of July 1 2015, the banking sector in Georgia is represented by 19 commercial banks, including 16 foreign-controlled banks and two branches of non-resident banks. Compared to the ...

TBC Bank Initiating Coverage - The Next Big Thing in Georgia

The FINANCIAL -- With 20 years of strong expertise in the market, a unique franchise, and superior customer experience, TBC Bank has made an ambitious call to become the leading retail and SME bank ...

TBC Bank – Best Bank of Georgia 2014 by Global Finance

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 ...

Convenient new service in ProCredit Bank’s 24/7 Zones

The FINANCIAL -- ProCredit Bank has recently added convenient new drop-boxes to its 24/7 Zones. The boxes enable our clients to deposit money into their current accounts quickly and safely, and the ...

Bank of Georgia Launches VEGA Startup Lab

The FINANCIAL -- With GEL 200,000 Bank of Georgia has launched a startup business investment project - VEGA Startup Lab. Applicants with creative business ideas who are selected for the project will ...

Operating Income of BG Capital Increased by 37% in 2013

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

Bank of the future is a bank oriented on customers

The FINANCIAL -- Interview with Thea Lortkipanidze, CEO of ...

“Digitalization is the future of banks"

The FINANCIAL -- Interview with Natia Tkhilashvili, Director of ProCredit Bank ...

“Within the Next Ten Years I See İşbank Georgia Being a Solid Market Player in the Georgian Banking Sector,” Ozan Gür, CEO of İşbank

The FINANCIAL -- As of 31st of March, 2017, İşbank Georgia’s assets size was around USD 128 mln, having increased by 42% compared with the same period of the previous year. The main part of the ...

The Best Customer Experience is our Goal

The FINANCIAL -- The merger of TBC Bank and Bank Republic comes to an end. The financial talked to Nika Kurdiani, TBC Bank Deputy CEO and Bank Republic CEO on merger ...

Bank of Georgia Focusing on SME Development

The FINANCIAL -- The EBRD and EU are joining forces with Bank of Georgia to help Georgia’s private sector reach new opportunities. Implemented by Bank of Georgia through credit lines, the facility ...

Georgian National Currency is Stabilized

The FINANCIAL -- Q. How do you assess the financial results of Georgian banks for the 1Q of 2017? ...

FMO Sells Holding in TBC Bank Group PLC ("TBC PLC")

TBC PLC (LSE: TBCG) was notified on 22 March 2017 by the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. ("FMO") that it has sold its remaining holding of shares in TBC PLC ...

Ministry Of Finance Of Georgia Treasury Bill Auction Results

The FINANCIAL -- On July 27, 2016, securities in the amount of GEL 30 000 000 with a maturity of 350-days were sold at the Ministry of Finance Treasury Bill ...

Current Tendencies Of Bank Deposits

The FINANCIAL -- The total volume of non-bank deposits in the country's banking sector increased by 6.3 percent (exchange rate effect excluded volume of deposits increased by 0.3 percent), or by ...

Current Condition Of Commercial Banks’ Assets

The FINANCIAL -- As of July 1, 2016, the banking sector in Georgia is represented by 19 commercial banks, including 17 foreign-controlled banks and one branch of non-resident ...

A New Branch of the VTB Bank (Georgia) Opened in Zugdidi

The FINANCIAL -- On August 6, VTB Bank (Georgia) opened a new branch in Zugdidi. The branch is located at 31 Zviad Gamsakhurdia ...

The first Fan Shop of the National Rugby Team of Georgia opened with the support of the VTB Bank (Georgia)

The FINANCIAL -- On July 31, the first Fan Shop of the National Rugby Team of Georgia opened with the support of the VTB Bank (Georgia). The shop is located in the Vake Branch of the VTB Bank ...

TBC Bank Wins Multiple Awards

The FINANCIAL -- TBC Bank has been recognized by Global Finance Magazine with the fourth consecutive Best Consumer and Corporate Digital Bank in Georgia awards in 2015. The Bank’s consumer digital ...

In June 2015, the Banking Sector Finished With a Net Profit of 57.4 Million GEL

Ministry Of Finance Of Georgia Treasury Bill Auction Results

The FINANCIAL -- On July 29, 2015, securities in the amount of GEL 30 000 000 with a maturity of 336-days were sold at the Ministry of Finance Treasury Bill ...