Banking

4 Out of 15 Georgian Banks Making Loss in May

After a loss of 943 million in March, the banking sector has been making a profit for 2 months. 53 million in May and 80 million in April.

All businesses will be able to Beneffit from Credit-guarantee Scheme at Bank of Georgia

Bank of Georgia continues to support business and launches a new financial affordability program for it.

Liberty Starting Second Phase of Deferral of Loans

Liberty Bank, in order to take care of the customers and the situation in the country, offers a favorable period of loan obligations to the customers affected by the pandemic, who have reduced their income or lost their jobs.

Bank of Georgia Introduced the Chat Function to the Customers

Bank of Georgia introduced the function of chat in digital channels to create even more comfort for customers.

TBC Subsidiary will Soon Complete Rebranding in Azerbaijan

Despite COVID-19, the process of completing the rebranding of TBC's subsidiary in Azerbaijan is underway under the plan.

Loans for the Unemployed will be Rescheduled for Another 3 Months

Loans will be postponed for another three months to anyone who is included the state anti-crisis plan, Georgian Prime Minister Giorgi Gakharia said at the beginning of the government session.

TBC Capital Forecast – Georgia’s FDI will Shrink by $500 million in 2020

Foreign direct investments in 2020 will expectedly shrink by $500 million compared to 2019 and the figure will amount to $770 million, TBC Capital company reports.

Bank of Georgia Introduces Digital Card

Bank of Georgia has introduced its Digital Card to provide more comfort and safety for its clients.