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Monthly Archives: April 2018

Consumer Loans Rise in Value

Lari loans

Interest rates on GEL-denominated consumer loans have increased, while on USD-denominated consumer loans have decreased. According to the National Bank’s statistics, averaged interest rate on GEL-denominated short-term bank credits is 19.9%  (Q1.2017 – 19.4%),  and foreign currency denominated loans – 6.0% (Q1.2017 – 8.1%). Annual interest rate on GEL-denominated  long-term …

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Alliance Group Holding Extends 3-year Contract with Seedstars

On May 29 the 10 best startups from Tbilisi will be invited to pitch in front of an investment panel and compete to be crowned the most promising seed-stage startup of Seedstars Tbilisi 2018 in Tech Park. The winning startup will join the global Seedstars Family and take part in the …

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Presentation of Georgian Wine in Denmark

Today, Georgian wine was presented at the annual wine fair – “Copenhagen Wine Fair” held in  Copenhagen, the capital of Denmark.  The exhibition was attended by the Ambassador Extraordinary and Plenipotentiary of Georgia to the Kingdom of Denmark and Republic of Island, Gigi Gigiadze. The ambassador addressed the guests and …

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Tbilisi to Host 5th International Conference of Ecotourism

Tbilisi will host the International Conference of ecotourism – EuroEco18. The event will be held on September 10-14 and its local organizer is the Association of Ecotourism of Georgia. At this stage the organizational issues of the Conference are underlined as local and international partners. In the German capital af …

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Tbilisi Art Fair to be Held with the Support of TBC Status

The International Festival of Contemporary Art (TAF) will be held in Tbilisi on May 17-20 organized by Expo Georgia and with the support of TBC status and “Check in Georgia”. The four-day exhibition-sale will unite more than 25 galleries from around the world and up to 35 independent artists. Press …

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Presentation of Georgian Wine in London

Presentation and tasting of Georgian wine “ Press and Trade Tour” was held for representatives of press and wine industry London, the capital of UK. The event held in London wad attended by the Ambassador of Georgia to the UK Tamar Beruchashvili. The event was organized by the National Wine …

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