According to the regulations on financial transparency approved by the National Bank president by N.145 decree in 2006, Georgia based commercial banks must publish quarter financial reports. Therefore, commercial banks have already published the 1Q15 report (31.03.2015). We introduce ratings of commercial banks in terms of main parameters that give …
Read More »Daily Archives: May 11, 2015
TBC Bank: Securing Snow for the Ski Season
The Trade and Forfaiting Review (TFR), a leading trade and supply chain finance information publication, named a TBC Bank transaction as one of world’s top 15 deals in 2014. For TBC Bank, the winning transaction was a Letter of Credit issued for the import of the artificial snowmaking equipment, which …
Read More »Caucasian Business Week #98
TBC Bank’s Competitive Advantage: Leading customer experience and satisfaction
TBC Bank is a market leader in customer experience among Georgian banks. Focusing on customers’ needs is a priority that is vital to the Bank’s success. TBC Bank has one of the best-known and most trusted brands in Georgia. This is largely due to its high quality customer experience, strong …
Read More »Georgian Railway Will Operate on World’s Leading Technological Platform SAP
Georgian Railway and a global market leader in railway maintenance systems SAP signed a cooperation agreement on May 7, 2015. While both companies called the agreement “historic,” the cooperation is expected to transform Georgian Railway’s performance drastically. Georgian Railway is the first company in the post-Soviet sphere and Caucasus that …
Read More »Iranian company in talks to launch two power plants in Georgia
Since hopes for elimination of sanctions imposed over Iran are rising due to progressive nuclear talks, Iranian companies are accelerating the talks with regional countries on intake industrial projects. The Commercial Manager at the Iranian MEPCO Group told Trend May 7 that this company is in negotiations with Georgia and …
Read More »Georgian Model To Be First To Appear on Avon Cover
Georgian Model Rusa Chachua, became first face of well known american brand Avon. Avon Products, Inc, known as Avon, is an American international manufacturer and direct selling company in beauty, household, and personal care categories. As of 2012, Avon had annual sales of $10.0 billion worldwide in 2013. It is the …
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