Banking

National Bank of Georgia Denies Claims of VISA and Mastercard Restrictions: Labels Rumors as Disinformation

The National Bank of Georgia (NBG) has firmly denied widespread rumors suggesting that international payment systems VISA and Mastercard are facing restrictions in Georgia.

Giorgi Kuprashvili Appointed CEO of Galt & Taggart

Galt & Taggart, Georgia’s leading investment, brokerage, and research firm, has appointed Giorgi Kuprashvili as its new Chief Executive Officer, pending approval from the National Bank of Georgia.

Nino Chaduneli Appointed as Director of Retail Banking at Liberty Bank

JSC Liberty Bank has appointed Nino Chaduneli as its new Director of Retail Banking.

Statement By The National Bank Of Georgia

The National Bank of Georgia (NBG) responds to today's resolution adopted by the European Parliament, which calls on the Council of the European Union and its Member States

Giorgi Vakhtangishvili Appointed as Director of Digital Banking Services at Bank of Georgia

Giorgi Vakhtangishvili has been appointed as the Director of the Digital Banking Services Department at the Bank of Georgia.

Bank of Georgia Announces Executive Management Team Updates

Bank of Georgia Group PLC (the "Company") announces updates within the Executive Management Team of its Georgian banking subsidiary, JSC Bank of Georgia (the "Bank"). 

Georgian Banks Report ₾2.85 Billion Net Profit in First 11 Months of 2024

Commercial banks operating in Georgia achieved a combined net profit of ₾2.85 billion during the first 11 months of 2024, reflecting an increase of ₾321 million

Japanese Gojo & Company Acquires 16.8% Stake in Georgia’s Credo Bank

Japanese social impact holding company Gojo & Company, Inc. has made its first investment in Georgia, acquiring a 16.8% stake in Credo Bank, the country’s fifth-largest commercial bank.

Bank of Georgia and TBC Allocate ₾5 Million to Support Citizens and Businesses

TBC Bank and the Bank of Georgia have announced a joint initiative to allocate ₾5 million in aid. The funds will be directed toward supporting affected citizens, as well as small and medium-sized businesses impacted by the ongoing situation.