Home / Banking (page 99)

Banking

Number of Property Sold at Auction Growing

During the year, the amount of property sold at auction in Georgia has increased. According to the registry  of debtors, in January-August 2014  in total 1154 units of the property were sold via auction, while in the same period of 2013 – 1 137. In addition, according to the register, …

Read More »

PASHA Bank – First and the Only Bank from Georgia to Attend the SIBOS

PASHA Bank, a full service corporate bank, underlined its increasing role in international finance by attending Swift International Banking Operations Seminar in Boston, the USA. PASHA Bank was there to share practices and debate emerging issues. Already for the fifth time it  attended SIBOS. SIBOS is an annual banking and …

Read More »

Basisbank to Launch New Business Promotion Project

Basisbank offers a new promo project to the business sector representatives. Namely, starting October 1 small and medium-sized business sector representatives are able to join the Basisbank business club, receive a Basisbank credit business card and have an access to the business portal, specially created for the club members. The …

Read More »

Bank Republic completed 8 months with 25,4 million GEL profit

Bank Republic completed January-August with 25,4 million GEL profit. The bank’s profit equaled to 5,3 million in August. By September 1 deposits (non-banking) portfolio equaled to 516,2 million GEL (01/08/14 – 497,6 million), loans – 725,2 million GEL (01/08/14 – 737,3 million). Since the beginning of the year deposits have …

Read More »

Bank of Georgia attracted 15 million EURO from GGF

Bank of Georgia announced that they got credit line of 15 million EURO from South-Eastern European Fund – Green for Growth Fund. According to the press release of the leading Georgian Bank, GGF loan will be initially spent for the construction of energy efficient buildings in Tbilisi, which consume 20% …

Read More »

Liberty Bank completed January-August with 14,6 million GEL profit

Liberty bank completed January-August with 14,6 million GEL profit. In the same period of last year profit equaled to 11,5 million (01/09/12 -5,4 million). By September 1, 2014 clients’ deposits equaled to 1,3 billion GEL (01/09/13 – 1,05 billion, 01/09/12 – 703,1 million GEL), credit portfolio – 750 million GEL …

Read More »

VTB introduced auto loan with renewed conditions

VTB introduced auto loan wit renewed conditions. From October 1 during 2 months VTB offers auto loan for 0% installment to those, who want to purchase Nissan cars. The loan is available quickly, without leaving auto saloon, only with ID card. Besides, the owner wills het auto insurance and commissioning …

Read More »

TBC announced about large-scale raffle for internet-bank’s users

TBC announced about large-scale raffle for internet-bank’s users. 300 Apple products and monetary prizes will be on the raffle for internet-bank’s users. 100 winners will be revealed every month and they will get iPhone6, iPad, MacBook Air and money up to 100 GEL. 10 000 GEL is super prize of …

Read More »

Capital Bank increases capital and changes head office

JSC Capital Bank (former Invest Ban) increases capital by 6,9 million GEL. Supervision board of the bank made the decision. The capital should be filled till December 31. Respectively, supervision capital will also increase. Due to failure to comply it temporary administration of National Bank of Georgia entered in the …

Read More »

TBC completed 8 months with 74,4 million GEL profit

JSC TBC bank completed January-August with 74,4 million GEL profit. In the same period of last year bank’s profit equaled to 40 million GEL. In August profit was 15,7 million GEL. By September 1 credit portfolio of the bank was 2,726 billion GEL (01/09/13 – 2,319 billion), deposits – 2,9 …

Read More »