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Bank of Georgia Received Another Award of Global Finance

Bank of Georgia Received Another Award of Global Finance

Bank of Georgia announced another award of Global Finance in the Best Personal Banking Service in Georgia 2018”. The international edition reveals the leaders of this nomination for the third time. “The award confirms highest standards of services offered by Bank of Georgia to the clients in the management of …

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Terabank Announces the Best Loan Terms

As it’s the best time to buy an appartment, villa, arrange or renovate house with new furniture, Terabank announces the best loan terms. The best way to get money is low-interest rate from 6.5% (effective 6.8%). If you are already using another bank loan, you can review your schedule, combine …

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New Investment Instrument Goes to G&T Trader

In September 2017 Galt&Taggart enabled its clients through G&T Trader platform to make investments in investment instruments attached to Bitcoin price. Starting today Galt&Taggart offers investment instruments built on Ethereum price. Taking into account the clients’ growing interest in cryptocurrency, Galt&Taggart has added two new investment instruments to G&T Trader: …

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Fundamental Indicators are Optimistic in Georgia Banking Sector

According to the general director of TBC Bank, the recent devaluation of  Georgian Lari is a short-term breakdown. Vakhtang Butskhrikidze says that fundamental indicators are quite optimistic in the economy and the high dollar is the main challenge of the banking sector. “The banking sector is the most successful of …

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Bank of Georgia Capitalization Rises by 100mln GEL

Bank of Georgia Capitalization Rises by 100mln GEL

Bank of Georgia shares (BGEO LN) was traded at 35.01-35.92 GBP at London Stock Exchange (LSE). The price rose by 1.47% week on week and by 10.32% month on month. According to G&T analytics, deals were made on more than 351 000 shares a week (61 000 shares a day …

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TBC Bank Capitalization Rises by 55mln GEL

TBC Bank Capitalization Rises by 55mln GEL

Price of TBC Bank shares (TBCB LI) rose to 18.17 GBP. The last trading session was closed by 17.41 GBOP (+0.74%w.w; +3.03%m.m). Deals were made on 90 000 shares. Over the past 4 weeks, daily deals were made on 29 000 shares on average. TBC Bank market capitalization constitutes 921.5mln …

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Commercial Banks Rather Harm Economy than Benefit

When appointed as the National Bank President, Giorgi Kadagidze sharply criticized commercial banks and blamed them for frustrating economic development. However, the time passed and Kadagidze has never dared anymore to make sharp statements in relation to commercial banks. We have not heard sharp statements from the current president of …

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