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Daily Archives: February 21, 2019

TBC Bank’s 2018 Profit Rises

TBC Bank Group Plc reported a 21.5 percent jump in full-year earnings, as lending remained strong on the back of a strong macroeconomic performance. TBC, Georgia’s largest retail bank, said profit rose to 437.4 million laris (126.8 million pounds) in the 12 months ended Dec.31 from 359.9 million laris a …

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World Celebrates International Tourist Guide Day

An initiative of WFTGA, the International Tourist Guide Day is held on 21st February each year. In 1990, Mrs. Titina Loizides, president of the WFTGA was involved when it was held for the first time, 15 countries participated. Since then, tourist guides in an ever growing number of countries have been …

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Wood and Furniture Market Overview

According to National Forestry Agency, the total area of Georgian forest fund as of April 2015 is 2.8 million hectares, or 40% of the territory of the country. This is quite a high figure as the world average is 27% and for Georgia neighboring countries it equals to 15%. From …

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TBC Bank Withdraws all Court Cases Against the National Bank of Georgia

Over the last few days, we have had detailed discussions around events concerning TBC Bank. Regarding this, NBG announces the following: Announcement from TBC Bank  Since TBC Bank takes into account the possible damage to the country’s investment image and respects the role of the National Bank, as a qualified …

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Lado Apkhazava Among 10 Finalists of World’s Best Teacher in 2019

Georgian teacher Lado Abkhazava is among the 10 finalists of the world’s best teacher in 2019. Hollywood actor Hugh Jackman declared finalists of “Global Teacher 2019”. “These people come from different parts of the world. They support inclusiveness and child rights. They try to develop students’ skills with music, technologies, …

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Mamuka Khazaradze: I Have Made Decision to Quit TBC Bank

Mamuka Khazaradze has released a special statement in the social network: “Dear friends, Tbilisi residents, those, who back me and TBC team! First of all, I would like to thank you for your 27-year friendship, support and joint business. Our life is full of episodes, when we have to take …

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Mariam Kvrivishvili Announces Meeting Week with Tourism Business

Mariam Kvrivishvili, the new head of tourism administration, says that tourism sector is very large and therefore, meeting with each representative of tourism sector will be necessary. “It’s a very large sector, therefore I have meetings with with separate hotels, tour operators, associations everyday. We decided to hold a meeting …

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