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Tag Archives: TBC Bank

661 Company Registered at Business Awards 2017

Registration process has finished at Business Awards 2017- joint project of TBC Bank and Geocell. 661 company registered to participate in the Awards, from which jury will reveal the best in various nominations, in September. Registration took place for 2 months. The most companies registered in ”Startup of the Year” …

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Art-Villa Garikula Tower Restoration has Begun

With the support of the National Agency for Cultural Heritage Protection and TBC Bank, the Art-Villa Garikula tower is being restored. TBC Bank describes project aim to The aim to strengthen the most architectural details of Art-Villa Garikula – renovate its floors and rugs. After that, the original function of Rotonda …

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TBC Bank’s ‘Startuper’ Finances Startups with GEL 2 mln

TBC Bank’s program – Startupper is summing up its 5-month results. Since the start of the program, 50 startuppers have already used the special loan of the  program and financial resources of 2,000,000 GEL have already been issued to promote starting businesses. Startups participating in the program operate in various …

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Liberty Bank Tops Rating of Commercial Banks

Liberty Bank Tops Rating of Commercial Banks

Crediting portfolio of commercial banks marked 19.316 billion GEL as of July 1 (H1/2017). Larization coefficient is 41.01%  (01.06.2017 – 18.7 billion; + 3.2% m.m; 40.1%). According to National Bank of Georgia (NBG), GEL-denominated loans portfolio rose by 256 million GEL (+3.4 month on moth), while foreign currency denominated loans …

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Deposits at Commercial Banks Totaled 16.8 billion GEL

Deposits at Commercial Banks Totaled 16.8 billion GEL

Georgian bank sector’s deposits portfolio rose in June, up 2.8% month on month (May +1.1%; April +0.8% month on month; March – 3.1%). As of July 1 (H1/2017), total value of retail and corporate deposits account for 16.8 billion GEL. Two commercial banks store 71.5% of total deposits  (01.06.2017 -71.6%: …

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Kakha Kiknavelidze: Bank of Georgia Has a Great Development Plan

Kakha Kiknavelidze: Bank of Georgia Has a Great Development Plan

Management of Bank of Georgia consider market position of the bank neither satisfactory nor good. They regard it as the best. According to Kakha Kiknavelidze, CEO of the Bank, he is very satisfactory with the results of H1, 2017. The bank keeps the leading positions on the market and has …

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2 Million GEL Was Raised for Startups Within Startup-er Program

TBC Bank Program Startup-er sums up 5 months results. Since the beginning of program, 50 startup-er took advantage of Startup loan and 2 million GEL have been issued to support the amateur businesses.   The startups involved in the program operate in different fields: construction sector, shoes and clothing, agriculture, …

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Lasha Papashvili Starts Construction of a 4-Star Hotel in Summer

Lasha Papashvili Starts Construction of a 4-Star Hotel in Summer

Businessman Lasha Papashvili has noted with GBC, that ground works are being carried for construction of a 4-star hotel. However, the construction will start in two weeks. The construction of the black carcass will be completed in 6 months by its partner Synergy, but the hotel will be completed in …

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