Banking

NBG Cuts The Monetary Policy Rate By 0.25 Percentage Points To 8.0%

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on August 5, 2020, and decided to cut the refinancing rate by 0.25 percentage points to 8.0 percent.

Aleksandre Dzneladze: Digital Bank’s is Capable of Penetrating International Markets

The digital bank is capable to penetrate international markets and provide international services

TBC Subsidiary Bank Strengthens Position in Azerbiajani Market

TBC Bank is strengthening position in the Azerbaijani market successfully.

Koba Gvenetadze: Bloomberg's New Trading Platform will be Launched in Georgia

Koba Gvenetadze, President of the National Bank of Georgia, announced the implementation of new reforms in the foreign exchange market.

AWS Announces Collaboration with Georgia’s First NeoBank Space

8 months after the birth of this idea, the first absolutely digital bank SPACE was launched in 2018.

Bank of Georgia to Contribute to Constructing Alliance Centropolis Complex in Batumi

Bank of Georgia continues contributing to economically valuable large-scale projects.

BOG Signs Loan Guarantee Agreement with EIB Group

Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia has signed an up to EUR 60 million loan guarantee agreement under the InnovFin SME Guarantee Facility with European Investment Bank Group.

Banking Sector’s Losses in January-May Amounted to 613 million GEL

Fifteen Georgia-based commercial banks ended the January-May period in losses of 613 million GEL, the financial reports published by the National Bank of Georgia (NBG) read.

TBC Launched Banking Operations in Uzbekistan Today

TBC already has its first customers in Uzbekistan. The bank started implementing banking operations today.