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Daily Archives: April 27, 2015

Fitch Rates Halyk Bank Georgia ‘BB-‘ Outlook Stable

Fitch Rates Halyk Bank Georgia "BB-" Outlook Stable

Fitch Ratings has assigned JSC Halyk Bank Georgia a Long-term foreign currency Issuer Default Rating (IDR) of ‘BB-‘ with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Halyk Bank Georgia’s ratings are driven by potential support the bank may receive, …

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Batumi Oil Terminal Law Suits Settled

On April 23rd 2015, the group of Batumi Terminals Limited companies, including Ltd Batumi Oil Terminal Limited and Petrotrans Limited, Vibro Diagnostic, a foreign company, which owns several reservoirs in the Batumi Oil Terminal for transporting heavy and light oil trucking, as well as the company Libra Trading FZC, reached …

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Bank of Georgia’s Traces in Business Racketeering

The business sector racketeering and oppression under the ruling of the previous Authorities has been already widely covered. The prosecutor’s office has accepted over 20 000 appeals against state officials, who have inflicted losses to the private sector by illegal activities. There were various methods of racketeering the business sector …

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Google Executive Dan Fredinburg Dies In Everest Avalanche

Google Executive Dan Fredinburg Dies In Everest Avalanche

Dan Fredinburg, a respected Google executive who headed privacy for Google X and lead its product management team, has died in the avalanche on Mount Everest which was triggered by the huge earthquake in Nepal. The natural disaster has already killed over 2,000 people in the region and devastated infrastructure. …

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