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Tag Archives: TBC Bank

Deal between Silknet and Geocell Hits 153 million USD

Deal between Silknet and Geocell amounted to 153 million USD, reporters were said at today’s news conference, which was held by Giorgi Ramishvili, founder of Silk Road Group and Silknet supervisory board chairman, Lekso Topuria, member of supervisory boards of Silk Road Group and Silknet, Badri Japaridze, founder of TBC …

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Tbilisi State University to Launch Online Brand Store

Presentation of TSU’s first online brand store  was held at Ivane Javakhishvili Tbilisi State University. The project was implemented in cooperation with TSU and TBC Bank. TBC and TSU’s workshops include the promotion of marketing communication of the University, besides planning educational and social projects. Tsustore is represented by the …

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Rating of Commercial Banks in December

Rating of Commercial Banks in December

Consolidated profits of the bank sector exceeded 152.5 million GEL in December 2017. All commercial banks finished the month of December in profits, including Silk Road Bank. However, the latter bank’s annual losses constituted 495 555 GEL. The Georgian banking sector consists of 16 commercial banks, including 15 ones with …

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Commercial Banks Lower Deposits Interest Rate

Commercial Banks Lower Deposits Interest Rate

Key players on the retail deposits market have lowered deposits interest rates. TBC Bank and Bank of Georgia with 75% ratio on the market (4.4+3.7 billion) have reduced the annual interest rate to 9.4%. Liberty Bank (1.03 billion) cut the rate to 9% on Patriot deposit, while annual interest rate …

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2018 – Year of Financial Education

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In 2018 Government of Georgia expects that the reforms will justify, while business sector and consumers expect their revenues to grow. At the same time, all social groups want that an inflow of investments rise in the country. The banking sector represents a cornerstone for everybody, because both corporate and …

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Directors of TBC Bank Sold Shares on the LSE

Directors of TBC Bank Sold Shares on the LSE

Directors of TBC Bank have traded 7500 shares on the London Stock Exchange. Paata Gadzadze sold per share at 16.35 GBP. Total volume of the shares amounts to 3 000 (49,050 GBP), while Giorgi Shagidze alienated per share at 16.254 GBP, toting up 4 500 shares (73,143 GBP). TBC Bank …

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