Home / 2017 / June / 12 (page 2)

Daily Archives: June 12, 2017

National Bank Starts Publishing Detailed Statistics of Finance Sector

The National Bank of Georgia publishes structural data on financial sector infrastructure on monthly basis. However, this information covered only quantitative data for financial institutions before. Now users can get more detailed data on this sector. Particularly, two excel sheets “3.1-2” and “3.1-3” were added to the disseminated file “M3.1 …

Read More »

Price of TBC Bank Shares Hits New Record

tbc bank

The Monday trading session on TBC Bank shares opened by a new record figure. According to Bloomberg, price of a TBC Bank share constituted 19.04 GBP, up 4.73%. Trading sessions were successful for TBC Bank in the previous week too. The price of TBC Bank shares maintained a growth trend …

Read More »

Tourists’ Bank Transactions Grow

According to National Bank’s annual report (2016), ATM and POS terminal transactions by foreign visitors have increased by 20% year on year. Card transactions support infrastructure has been also expanded: POS Terminals (+29% year on year ) and ATMs (+5% year on year). At the end of the reporting year, …

Read More »

China, Georgia Celebrated 25 Years of Diplomatic Relations

China and Georgia celebrated 25 years of diplomatic relations on June 9 in Tbilisi, capital of Georgia. Hundreds of people braved the hot humid weather to take part in the event– ‘China-Georgia Friendship Day’. Several tents lined Rike Park, featuring a wide range of Chinese wares, including artifacts, textiles, wine, …

Read More »

InterRAO Begins Arbitration Proceedings Against Georgia

Russian energy firm InterRAO has begun arbitration proceedings in Stockholm against Georgia over electricity tariffs, Georgia’s deputy energy minister said. “We have now received a notification from the arbitration court and (are) ready to defend our position there,” Mariam Valishvili told Reuters. InterRAO confirmed that it had started judicial proceedings. …

Read More »

Otar Jorjikia Joins All-star Cast at Opernhaus Zürich

Georgian tenor Otar Jorjikia replaced an indisposed colleague as Gustavo III in David Pountney’s production of Un ballo in maschera at Opernhaus Zürich. The stellar cast includes Sondra Radvanovsky as Amelia and George Patean as Renato, conducted by Maestro Fabio Luisi. Acclaimed first prize winner of the 2016 Galina Vishnevskaya International Opera …

Read More »

Georgia’s Air Freight Operations up 48% in January-May Period

In January to May period Georgian airports performed 6 739 passenger and 5 380 cargo flights, including 5 380 regular and 1 359 charter flights, up 39.12% as compared to the same period of 2016 (4 844 flights). According to Civil Aviation Agency, quantity of flights via Georgia’s air space …

Read More »

Giorgi Samanishvili: Georgian Wine Exports Triple in China

According to National Wine Agency, in January-May 2017 Georgia exported 24.75 million bottles of wine to 41 countries, up 64% year on year. In the reporting period, the country exported 55.52 million USD wines, up 58% as compared to the same period of 2016. The current year is very positive …

Read More »