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TBC Bank is Ready to Join the Initiative to Abolish Problem Loans

TBC Bank, as the largest financial institution in the Georgian market, is responsible for the sustainability and stability of the Georgian financial sector and the general economy of the country. TBC Bank is ready to join the initiative to eliminate troublesome loans in favor of low-income citizens and persons with …

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Liberty Awarded Graduate Pensioners with Diplomas

Liberty has awarded 62 pensioners in the National Library with a certificate confirming the successful completion of the course. The Liberty Digital Hall hosted lessons at the specially created hall of Liberty. Pensioners have studied the general skills of computer, internet, email, social networks, and smartphones. “I think this is …

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Bank of Georgia to Write Off 200 million GEL Loans

Kakha Kiknavelidze: Bank of Georgia Has a Great Development Plan

Bank of Georgia plans to pardon 200 million GEL loans, Bank of Georgia director general Kakha Kiknavelidze said. The bank has already specified the list of the bodies, who will be involved in the mentioned process. Total amount of the pardonable loans is 200 million GEL, Kiknavelidze said. The process …

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TBC Bank’s Innovative Project Ti-Bot Gets International Recognition

TBC Bank’s Innovative Project Ti-Bot Gets International Recognition

TBC  Bank’s Innovative Project – chat bot named Ti-Bot has been named the Best Alternative Payments Project at the Payments Awards 2018, a prestigious international competition. It was for the first time that TBC Bank took part in the Payments Awards, a London-based annual innovation competition in the financial sector, …

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Bank of Georgia is the first JCB card acquiring bank in Georgia

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Bank of Georgia, the leading bank in Georgia, are proud to announce that Bank of Georgia has started to accept JCB Cards across the country. Bank of Georgia, the largest bank of the country by assets, has …

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National Bank Buys 132.5 million USD at Currency Auction YTD

NBG Reduces Its Policy Rate By 25 Basis Points To 6.75%

Starting January 2018 National Bank of Georgia (NBG) bought 132.5 million USD at currency auctions. This year the NBG purchased foreign currency 12 times, 8 times in 2017. The NBG has not sold USD over the past 2 years. In 2016, a total of 24 currency auctions were held and …

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Government to Write off about 1.5 billion GEL Debts of Georgian Citizens

On November 19 Prime Minister of Georgia Mamuka Bakhtadze held a news conference and announced government plans for writing off debts of about 600 000 citizens of Georgia that they owe to finance institutions. Bakhtadze made the statement before the government meeting,. “We have conducted long and hard negotiations with …

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The National Bank Of Georgia Became The Associate Member of IOSCO

NBG

For the National Bank of Georgia membership of the International Organization for Securities Commissions (IOSCO) is a significant step forward in terms of capital market development. International Organisation of Securities Commissions is an association of organisations that regulate the world’s securities and futures markets. Members are typically primary securities and/or …

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Global Finance Magazine Names TBC as Best Foreign Exchange Provider of Georgia

TBC Bank has been named the Best Foreign Exchange Provider 2019 in Georgia by Global Finance Magazine. The winners were chosen based on extensive criteria including transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies. “We are honored to receive this prestigious award from …

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