Home / Banking (page 93)

Banking

Tax-free Minimum not to be Canceled

Parliament rejected the initiative of the Government to abolish the tax-free minimum. Yesterday they did not support the amendments to the “Tax Code”, which concerned the abolition of tax-free minimum. According to the MP from the minority Giorgi Vashadze,  the “Georgian Dream” again was not allowed to deceive Georgian  citizens. …

Read More »

Budget- 2014 not to be Fulfilled

“Rezonansi”  daily writes that  an analysis of 11 months of 2014 shows that this year’s state budget will not be  fulfilled  – despite the fact that a few days ago Finance Minister Nodar Khaduri stated that the budget would be 100% fulfilled.  It is unclear what was the basis of …

Read More »

Georgian National Bank leaves monetary policy rate unchanged

The monetary policy committee of the Georgian National Bank decided on December 17 to leave the refinancing rate unchanged. The monetary policy rate is 4 percent. The economic trends have recently deteriorated with the countries – major trading partners. This affects the Georgian economy, the National Bank told Trend. A …

Read More »

TBC Bank and PayPal launch partnership in Georgia

TBC Bank, innovative Georgian next-generation financial institution launches its cooperation with global payment provider PayPal in order to offer TBC Bank customers an easy and quick way to create PayPal accounts. Due to PayPal, all TBC Bank customers will be able to create PayPal account directly from their TBC Bank …

Read More »

TBC Bank and Bank Constanta merger to take place in January

11.12.2014 – TBC Bank/Bank Constanta merger process has begun. The merger will be legally registered in January of 2015. This decision was made at the TBC Bank shareholders’ general meeting because of the new challenges that exist on the microfinance market and the high potential for growth in this business. …

Read More »

State Development Corporation to be Established in Georgia

“Commersant”  reports that the German Development Bank (KFW) will assist the Georgian government in establishing the  State Development Corporation. According to  the parliamentary majority  leader David Saganelidze, KFW will provide about 350 000 Euro for a research about the prospects for the creation of such a structure in Georgia, and …

Read More »

PASHA Bank Awarded the Winner of the Georgian Panorama

PASHA Bank, a full service corporate bank, sponsor of Georgian Panorama, on 15th Tbilisi International Film Festival, awarded “I am Beso” by Lasha Tskhvitinidze as the winner of the Georgian National Competition. The 15th TIFF took place during the first week of December. Contributing to the development of film industry …

Read More »