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Tag Archives: Moody’s

Moody’s Upgrades Rating Of Bank of Georgia’s Senior Notes

BGEO Group PLC said Thursday that credit rating agency Moody’s Investors Service has upgraded the credit rating of unit JSC Bank of Georgia’s senior unsecured notes by two notches to Ba2. The outlook on the senior unsecured notes has been changed to stable, from rating under review. The credit rating …

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Our Goal is To Receive BBB Investment Rating As Soon As Possible: PM

The Prime Minister of Georgia, Giorgi Kvirikshvili, responded to the improvement of Georgia’s credit rating from Ba3 to Ba2, rating published by the international rating company Moody’s. Kvirikashvili pointed out that the goal of the government is to improve this rating quickly, which will put the country on a new …

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PM: Our Objective is to Obtain the 3B Investment Rating

Giorgi Kvirikashvili

The Prime Minister told today’s government meeting that Ba2 is the highest rating among other international rating companies. The Government Chairman hopes that improved rating will be reflected in ratings of other companies too – Standard & Poor’s and Fitch. “Our objective is to obtain the 3B investment rating as soon …

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Finance Minister Signs 27 million EUR Credit Agreement with EBRD

Finance Minister Signs 27 million EUR Credit Agreement with EBRD

On May 11-12 Georgian Finance Minister Nodar Khaduri is attending the annual meeting and business forum of the European Bank for Reconstruction and Development (EBRD) in London. On May 11, the Georgian Finance Minister will take part in unveiling the meeting of EBRD board of directors and a plenary session. …

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Security – Leading Bank’s Vulnerable Chain

Security Leading Bank’s Vulnerable Chain

Bank of Georgia Keeps Silent on Theft of Millions of GEL, Bank Shares Keep Depreciating on London Stock Exchange Bank of Georgia has been robbed. According to the bank’s official statement, the criminal case took place on October 24. According to media agencies, felons have stolen 10 million GEL from …

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Moody’s reviews Georgia’s macroeconomic indices

Georgian Finance Minister Nodar Khaduri met with Moody’s representatives. Khaduri briefed the guests on macroeconomic indices, main directions of economic policy and investment sphere in the country, the Georgian finance ministry told Trend Feb. 2. The sides discussed the future fiscal policy for the medium term, the budget-2015, tax policy, …

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