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TBC Started Agile Transformation

TBC has begun to introduce a modern and flexible Agile system. Agile is a new method of work, which means simplifying processes, reduction of bureaucracy and increasing efficiency. It is a modern system of work adapted to the leading organizations of the world that facilitate professional growth of employees on …

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TBC Launches Agile Transformation with Mckinsey

TBC has launched an introduction of modern and flexible system – Agile, which is a new method of operation to simplify working process, narrow bureaucracy and grow efficiency. Agile is a modern operational system adapted by the world’s leading companies. This system grows professionalism of staff and promotes attainment of …

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TBC Bank acquires leading Uzbek payment platform Payme

TBC Bank Group PLC of Georgia has entered into an agreement to acquire a 51% stake in LLC Inspired, a leading payment platform in Uzbekistan trading under the Payme brand. Payme is a leading payment service provider in Uzbekistan that supplies high-quality payment solutions to its 1.3 million customers. It …

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TBC Bank Paid 1.1 Million GEL Fine to National Bank of Georgia

Annual report of TBC Bank says, that the bank has paid  1,100,000 Gel ($400,000) fine to National Bank of Georgia. The report has been published today and it covers recent regulatory events. According to the report TBC has paid the fine on 12 March 2019. Matters Related to National Bank of …

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Mamuka Khazaradze and Badri Japaridze Quit Board of TBC Bank

Mamuka Khazaradze and Badri Japaridze quit Supervisory Board of JSC TBC Bank. Khazaradze and Japaridze officially submitted resignation letters but will continue to serve as Chairman and Deputy-Chairman of the Board, respectively. “The process of recruiting and selecting two new members of the Supervisory Board of TBC Bank is underway and …

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Currency Exchange Offices in Georgia had Turnover of 9 Billion GEL in 2018

9,189,600,000 billion GEL entered in the exchange offices of Georgia in 2018. According to the data provided by National Statistics Office of Georgia (Geostat), during this period exchange offices have earned 12,700,000 GEL overall. Data also suggests that 6,700,000 individuals have used this service, which means that the average amount …

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Silk Road Bank Appoints New CEO

Silk Road Bank appointed Eli Enoch, as a new CEO. Enoch has worked on the position of the head of Strategic Planning Service in Silknet. Enoch replaced Alexander Dzneladze, former CEO of the bank who is currently the President of the Banking Association of Georgia. The Association members were elected …

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Two Deputy Directors General Quit Bank of Georgia

BGEO Market Capitalization Constitutes 1.5 billion GBP, TBC Nears 1 billion GBP

Bank of Georgia has released a statement notifying changes in the management. Namely, deputy directors general David Tsiklauri and Ramaz Kukuladze have quitted the board of directors. According to the Bank of Georgia information, Sulkhan Gvalia will occupy the position of a bank’s deputy director general in the direction of …

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