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Daily Archives: November 22, 2016

Bank of Georgia Recruited an Investment Banker of TBC Bank

Bank of Georgia Recruited an Investment Banker of TBC Bank

Investment banker Davit Tsiklauri will continue his career in “Bank of Georgia”. “Bank of Georgia” has already represented former manager of TBC Bank to the investors. David Tsiklauri will be appointed to the position of Deputy CEO at the Bank, and will lead the Bank’s Corporate Investment Banking Department (“CIB”). …

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Archil Gachechiladze to Prepare IPO of GGU’ Shares

Archil Gachechiladze to Prepare IPO of GGU’ Shares

BGEO is preparing for IPO of another company. Now, the matter concerns to Georgia Global Utilities, which holds utility and energy assets in Georgia, including Georgian Water and Power, Rustavi Water and Mtskheta Water. IPO of company’s shares is planned in 2-3 years and Archil Gachechiladze, investment banker will head …

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The WB: GEL Exchange Rate is not the Main Task

The WB: GEL Exchange Rate is not the Main Task

GEL exchange rate is not the main task, – the World Bank’s regional director for Europe and Central Asia Hans Timmer says. He declares, that stabile exchange rate is not always a sign of success. External shocks are frequent and flexible exchange rate of GEL is more effective. Timmer notes, …

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New REM Research Results: TBILISI SNAPSHOT

New research results under the joint project of TBC Bank, ISET Policy Institute and Jumpstart Georgia Real Estate Market Laboratory (REM lab) were published a few days ago. REM lab team collected and processed data about 15 000 real estate transactions for the period of July-September 2016. According to survey, …

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Significant Changes Take Place in the Structure of BGEO

Significant Changes Take Place in the Structure of BGEO

BGEO Group PLC (the “Group” or “BGEO”), announces a key Group management appointment and key management appointments and a refreshed business unit structure at JSC Bank of Georgia (“BoG” or the “Bank”). Archil Gachechiladze will be appointed CEO of Georgia Global Utilities (“GGU”), the utilities and energy business of the …

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New Studio Space For Discovering New Talents

A new studio space, Spotlight unveiled in Tbilisi couple of days ago, aiming to discover new talents in Art, Singing, dancing, Photography and acting technique. Founder of the studio is a young singer Ia Orjonikidze, who spoke with CBW about her new studio in more details. C: Tell us about you, …

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