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International Bank of Azerbaijan to Optimize Branches

International Bank of Azerbaijan (IBAR) has announced plans for optimizing branches, based on BPM (Business Process Management) technological platform. By the end of 2017 all branches should be based on the new concept. The management of IBAR-Georgia does not know whether the regional network will be also included in the …

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BGEO Group Eurobonds Closed at 5.6% yield

According to Galt&Taggart Bank of Georgia GEL-denominated  Eurobonds (GEBGG) were  trading  at 100.5 , yielding 10.8%, which is decreased by 0.2% . BGEO Group shares closed at GBP 37.12/share (+0.57% w/w and +1.48% m/m). More than 450k shares traded in the range of GBP 35.51 – 37.22/share. Average  daily traded volume …

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Monetary Fund Names 3 Key Challenges For Georgia

International Monetary Fund (IMF) has named 3 key challenges for Georgia. Small exports basis is number one problem for Georgia, Tao Zhang, deputy managing director for IMF, said. “Traditional agriculture and the existing industries such as steel factory will not suffice to boost the country’s exports in quickly-changing global economies. …

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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 …

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Pasha Bank Hosted Healthcare Sector Development Conference

Pasha Bank hosted the third business conference in the frame of MEETING ROOM. The topic of the conference was Healthcare Sector Development. The aim of the conference was to gather healthcare sector employees and interested individuals. There were healthcare development strategies discussed: survey of Georgian Healthcare system, capital as a …

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VTB Offers Cards with Exclusive Design

VTB Offers Cards with Exclusive Design

VTB enables its clients to have bank cards with exclusive design.  Clients are able to select the design of noncontact VISA Classic card and buy Design Card by online order (designcard.vtb.ge). Besides the collection, cards may be made with desirable photos, which should be uploaded on the website. Commission fee …

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TBC Leasing Presents Innovative Product Starto

 Starto is a new product of TBC leasing, which enables physical persons to fill in online application and purchase second hand automobiles without having to leave their houses. Starto is a unique product, because it matches customers’ needs. If you want to buy a car, you don’t have to go to …

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Georgia will Enjoy Renewed 5 GEL Banknotes From September

From September first, the new 5 GEL banknote will be introduced into circulation alongside the existing currency. The new money will depict the same iconic faces but will have a vastly different and more vibrant look with additional elements, Koba Gvenetadze announced. The front side features Ivane Javakhishvili and Tbilisi State …

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PASHA Bank Funds Yet Another Eco Project

PASHA Bank Funds Yet Another Eco Project

To celebrate the International Children’s Day on June 1st PASHA Bank donated Caucasian Fir trees to ten schools in Tbilisi to be planted in their yards. The schools were selected by “Georgia Today” – the initiator of the project. Together with the plants each school received copies of newspaper “Georgia Today …

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