TBC has Updated its Macroeconomic Forecasts
In July IMF released updated World Economic Outlook, revising down global growth projections. It mostly reflected worsened outlook for the emerging countries including China, Latin America, Russia and South Africa.
TBC Bank Group PLC Announces Board Changes
TBC Bank Group PLAC introduced the "Mirror Boards" governance structure
Nicholas Dominic Haag Appointed as Senior Independent Director of the TBC PLC Board
TBC Bank Group PLC announces that existing Independent Non-executive Director, Nicholas Dominic Haag, has been appointed as Senior Independent Director of the TBC PLC Board.
How to Get a Cashback at Food Outlets Via Space?
The first fully-fledged digital bank Space in Georgia has just completed its one year anniversary.
Global Finance Nominated Koba Gvenetadze Among The Best Central Bankers
World's leading financial editorial, Global Finance named Koba Gvenetadze among Best Central Bankers of 2019.
Bank of Georgia in GEL 100m Loan Deal for Small Firms
Bank of Georgia Group said its JSC Bank of Georgia unit andInternational Finance Corp (IFC) had signed a GEL 100m (£28m) loan agreement to support micro, small and medium sized enterprises with local currency.
Declining GEL Interest Rates may Reverse
After excessive GEL depreciation and the pressure on prices, the NBG turned more hawkish increasing the likelihood of rate hikes (see note on inflation and exchange rate).
TBC Bank Offers its Customers Simplified Mortgage Terms
TBC Bank offers new, simplified mortgage terms to users who are planning to buy a home. The new terms can be applied to people who want to buy or renovate a home from a development company or who have a positive credit history.
TBC Signed a Framework Agreement for Financing Trade Operations with City Bank
TBC Bank has signed a trade financing agreement. The framework agreement will be used to finance the trade activities of local importers and exporters in Georgia.