Home / Tag Archives: Bank of Georgia (page 10)

Tag Archives: Bank of Georgia

#June13: A Month Since the Tragedy

The State Budget Mobilizes over 25 million GEL The June 13 natural disaster in the Vere Gorge has sacrificed 20 individuals. Three citizens are still missing. The flood has inflicted losses and damages to about 160 families. Part of the houses will be rehabilitated, while 10 families are still unsheltered. …

Read More »

Mortgage Regulations not Brought Results

Laws restricting private mortgage lending have failed to remedy the situation in this sector as part of the moneylenders went underground. They managed to find loopholes in the law and enacted  the new scheme – for example, the law defines the maximum amount of interest on the loan, but now …

Read More »

Bank of Georgia’s Unit to Buy 50% Stake in Tbilisi Hospital

UK-based bank holding company Bank of Georgia Holdings Plc’s Georgia Healthcare Group subsidiary has signed a binding Memorandum of Understanding, subject to relevant regulatory approvals, to acquire 50.0% equity interest in Georgian hospital operator GNCo, with effective management and operational control over the company, the bank said on Monday. GNCo …

Read More »

Georgian Building is Among The 12 most Absurd Soviet-era Buildings

Business Insider listed Bank of Georgia Headquarter building (Georgian Building) among the 12 most absurd buildings from Soviet-era. American technology and business news website,described our famous building as it has been photoshopped. The Bank of Georgia headquarters (Georgian: საქართველოს ბანკის სათავო ოფისი) is a building in Tbilisi, Georgia. It was …

Read More »