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Daily Archives: May 11, 2016

NBG Became a Member of a Working Group on Stress Tests at Basel Committee

NBG Became a Member of a Working Group on Stress Tests at Basel Committee

The National Bank of Georgia (NBG), as a member of Basel Consultative Group (BCG), continues working within the Basel Core Committee’s Supervision and Implementation Group. According to the bank, this group works on implementing advanced approaches in international supervisory policy, and the principles that it develops constitute international standards. The …

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Turkish Cargo Might be Transported via Georgian Corridor

Turkish Cargo Might be Transported via Georgian Corridor

Turkish companies have to rearrange transport routes at the background of tension relations with Russia. A number of private Turkish companies show interest in cargo transportation via Georgia-Azerbaijan route. “The issue is under the discussion, but we should not forget national companies. If Turkish companies’ offers will coincide to interests of …

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Investor Supposes to Launch the Mirza-Shapi Project Late this Year

Investor Supposes to Launch the Mirza-Shapi Project Late this Year

Project of Mirza-Shapi undergoes final stages of discussion. The investor has envisaged the remarks and submitted the new project, which is prepared by company Demark. Giorgi Svanidze, founder of Capital Partners of Georgia declares, that works on the project are carried for the years  and it is in full compliance with …

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Giorgi Samanishvili: Georgian Wine Exports Grow in All Directions

Giorgi Samanishvili: Georgian Wine Exports Grow in All Directions

The national wine agency has published the statistics proving the wine exports has increased in the January to April period. In his interview with the Business Morning Giorgi Samanishvili, the head of National Wine Agency of Georgia, overviews exports and domestic markets. –Mr. Giorgi, what steps has the national wine …

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Partnership Fund Expanded Greenhouses Production Space in Samtredia

Partnership Fund Expanded Greenhouses Production Space in Samtredia

The Georgian Partnership Fund with Georgian Fresh Holding B.V expanded Greenhouse production space by adding 1,6 hectares to the territory. In the greenhouses it is possible to produce  1 000 tons of various vegetables. The production will be sold in the local market, however later it will be exported to the neighbor …

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Marilisi – Georgian Soul in Jewelry

Marilisi - Georgian Soul in Jewelry

All jewelry houses have similar histories of inception. When masters strive for establishing their own styles and tastes, they create a collection based on their own ideas. If the society shows interest towards this style and works, then this undertaking grows systematically. The demand and recognition grows. All in its …

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Basel Committee On Banking Supervision Once Again Invited The NBG To Develop New International Supervisory Approaches

Basel Committee On Banking Supervision Once Again Invited The NBG To Develop New International Supervisory Approaches

The National Bank of Georgia (NBG), as a member of Basel Consultative Group (BCG), continues working within the Basel Core Committee’s Supervision and Implementation Group. This group works on implementing advanced approaches in international supervisory policy, and the principles that it develops constitute international standards. The National Bank of Georgia, …

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Azerbaijan’s Role in Georgia’s Energy Security

Azerbaijan’s Role in Georgia’s Energy Security

Discussion about availability of deteriorating partnership relations between Azerbaijan and Georgia arose after Georgia conducted negotiations with Russian state company Gazprom over growth in gas transit volumes. These countries have passed a long way of partnership political relations. Naturally, Azerbaijan, as our neighboring country, is one of the main important …

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