Banking

Georgian Banks Witness $400 Million Deposit Shift from Lari to US Dollars in May: TBC Capital Report

In May, approximately $400 million worth of deposits were converted from Georgian Lari (GEL) to US dollars in Georgian banks, according to a weekly update from TBC Capital's chief economist.

The Bank of Georgia Launches Digitalization Program for Women Entrepreneurs

The Bank of Georgia, a leading business-supporting financial institution, continues to champion women entrepreneurs.

Meet the Sixth Stream Mentors of 500 Global in Eurasia: Timur Daudpota's Journey from Startup to Mentorship

Recently, 500 Global, in cooperation with the Bank of Georgia and the Georgian Innovation and Technology Agency (GITA), began training participants in the sixth stream of the startup acceleration program, 500 Global in Eurasia.

46% Growth: Nika Kurdiani Explains the Success of TBC UZ

In the first quarter of 2024, TBC UZ saw a significant increase in its business activities. The volume of loans issued rose by 127%, deposits grew by nearly 76%.

National Bank Intervenes with $60 Million to Stabilize Currency Market

Today, the National Bank of Georgia intervened in the foreign exchange market, selling $60 million to provide liquidity amid recent volatility.

Shares of Georgian Companies Plunge on London Stock Exchange

The prices of shares of Georgian companies on the London Stock Exchange are falling. As a result of today’s trading, the values of shares of Bank of Georgia, TBC PLC, and Georgia Capital have decreased.

Memorandum of Understanding Signed Between National Bank of Georgia and Elevand

A new memorandum of understanding (MoU) has been signed between the National Bank of Georgia and Elevand, aimed at fostering collaboration in the financial technology sector.

ADB President Endorses Georgia as a Regional Hub

The President of the Asian Development Bank (ADB), Masatsugu Asakawa, affirmed the bank's support for Georgia's development as a regional hub during a press conference in response to inquiries from "Business Partner."

Bank of Georgia and Mastercard Unveil Exclusive Offers for Business Cardholders

The Bank of Georgia, in partnership with Mastercard, is rolling out a suite of exclusive benefits for business cardholders.