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First Fully Digital Bank – Space Transforms Georgia’s Banking System

Structured as an autonomous business, Space provides customers with the full range of retail banking services including loans, saving products and payment cards. The business was developed from concept to launch in just eight months with the support of software-as-a-service engine Mambu. Interview with Lasha Gurgenidze, project leader at Space. …

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TBC Bank Named as Best Bank in Georgia for 2018

Authorized financial magazine Euromoney named TBC Bank as the best bank in Georgia for 2018. TBC Bank has been awarded for the leading position in the market for high standards and outstanding financial results. “We are proud to receive Euromoney’s prestigious award. This recognition reaffirms TBC Bank’s strong financial results …

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TBC TI Bot Starts New Promotion for Customers

TBC Bank’s chat bot, Ti Bot that allows banking operations, offers customers a new promotion. Within the promotion, users who transfer money through Ti Transfer will be awarded with Taxify or Luca Polare vouchers. It started on July 10 and will last for 4 weeks. 500 winners will be announced …

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Georgia’s TBC Ventures into Neobanking Space in 8 months

TBC, the largest bank in Georgia, has engineered its own cloud-based, digital-only neobank, dubbed Space. Structured as an autonomous business, Space provides customers with the full range of retail banking services including loans, saving products and payment cards. The business was developed from concept to launch in just eight months …

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Liberty Bank to Launch New Program for Pensioners

The Memorandum of Cooperation has been signed between Liberty and New Hospitals, according to which pension recipients will receive medical services with special conditions for them. Under special conditions, the Liberty social card holders will benefit until the end of 2018 and will be able to check their heart, internal …

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Georgian Stock Exchange Review

Two deals were made at Georgian Stock Exchange (GSE) during the last week’s trading sessions. Deals were made on 26085 shares of JSC Liberty Bank and JSC Bank of Georgia. Total value of the deals marked 3464 GEL. As to off-exchange deals, one off-exchange deal was made on more than …

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Mamuka Khazaradze: Georgia can Become Switzerland of Caucasus

“Georgian banking system is trustworthy and our world’s investors are our shareholders,”said Mamuka Khazaradze in an interview with Anaklia magazine. Businessmen thinks that Anaklia has an opportunity to become the financial center of the region. “When you tell multinational companies and people that you are a shortcut between East and …

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Georgia and Nordic Investment Bank Sign Framework Agreement

Georgia and Nordic Investment Bank (NIB) have signed a framework agreement. The document was signed by Minister of Finance Nikoloz Gagua and NIB President Henrik Norman. The agreement makes emphasis on issues related to NIB activities in the country and will promote cooperation between NIB and Georgia. Objective of NIB …

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Georgia Won Against Russia In “Global Inclusion Awards” Of 2018

The National Bank of Georgia won the 2018 Global Inclusion Award in the category of Regional “Country Award”. The Ministry of Finance of the Russian Federation was named in this category together with the National Bank of Georgia. This is the second time the National Bank of Georgia (NBG) listed …

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