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Daily Archives: January 6, 2015

Vusal Verdiyev, Finca Bank Chief Executive Officer Assessing 2014

The year 2014 has been successful for FINCA Bank Georgia. As recently licensed commercial bank (former MFI) FINCA Bank Georgia has introduced new banking services and continued expansion of the network of service centers in Georgia, particularly, in Tbilisi. A total number of the service centers is over 40 ones. …

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KAKHA KALADZE – ACHIEVEMENTS AND CHALLENGES OF ENERGY SYSTEM

The Energy Ministry keeps electrifying villages. In 2013 a total of 7 villages were electrified in Georgia, the process continued in 2014 too and 15 other villages were electrified. “The Light to All Villages” project will end in 2015. Electrification works are being projected for the village of Mutso. The …

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Giorgi Arveladze, Liberty Bank director general assessing 2014

Many positive and significant events have taken place in the Bank in 2014, including the most important fact was a conclusion of agreement with Agriculture Projects Management Agency. As a result, we provide services to over 800 000 farmers. This year we have also created a Liberty Bank club, won …

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Lasha Khoperia, Capital Bank director general assessing 2014

Capital Bank finds the year of 2014 to be very significant. We have replaced the management and stakeholders, implemented a rebranding project, replaced corporate style and renewed products. The bank has gained international acknowledgement from international bank and finance organizations such as the Best Re-Engineering & Re-Branding Bank of the …

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Azerbaijan’s stock market slightly reduces during a year

he total turnover of transactions on all instruments on the Baku Stock Exchange (BSE) in January-December 2014 stood at 8.158 billion AZN, or by 3.74 percent less compared to the same period of 2013, BSE said. The volume of the state securities market hit 4.156 billion AZN (a decrease by …

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Levan Gardapkhadze, BasisBank Retail Department Director

The year of 2014 was one of the successful and active years in the history of Basisbank. We have got real grounds to take pride in the achieved results. After Hualing Group entered the bank’s capital, the company has sensibly increased the number of clients, improved the service quality. Moreover, …

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Nikoloz Geguchadze, Halyk Bank director general assessing 2014

The year of 2014 was very important for Halyk Bank. Despite the GEL exchange rate fluctuations, we have fulfilled all planned parameters in excess. We have unveiled new service centers in Batumi, drawn more clients and expanded service packages and products. In 2014 we became plenipotentiary partners for VISA and …

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Changes in Tourism Sector and Great Plans for 2015

Changes in Tourism Sector and Great Plans for 2015

The head of tourism department of Georgia,Giorgi Chogovadze talks about their plans for a new 2015 year. Georgia received 1 944 233 travelers in 2014 Q3,that was 2% higher than the datas from last year. In 2015, our department’s budget will be GEL 17.1 million that is  4 million more …

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