TBC Bank Uzbekistan Attracted an Additional Investment of $35.1 Million
The European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC) and TBC Bank Group PLC are investing an additional $35.1 million in TBC Bank Uzbekistan.
Bruno Balvanera Appointed a New Member of Supervisory Board at Liberty Bank
Today JSC "Liberty Bank" announced the appointment of Bruno Balvanera as a new independent member of the Supervisory Board, effective from August 3, 2022.
NBG Bought $110 Million through Bmatch Platform in July
According to the president of the National Bank, Koba Gvenetadze, the National bank of Georgia bought $110 million from the foreign exchange market in July.
Liberty Bank Appointed Beka Gogichaishvili as New CEO
The Board of JSC Liberty Bank is pleased to announce Mr. Beka Gogichaishvili as the new Chief Executive Officer (CEO).
TBC Attracted GEL 306 Million in Financial Resources from ADB
TBC has attracted GEL 306 million in financial resources from the Asian Development Bank (ADB), which will be used to meet the growing demand for mortgage loans in Georgia and the needs of borrowers in this area.
Turkish Isbank is Increasing Investments in Georgia
Turkish Isbank is increasing investments in Georgia. According to the commercial director of the bank, Ucha Saralidze, human capital is also growing. Isbank needs a team Strengthening to develop digital channels.
Bank of Georgia Signs USD 50 million Facility
JSC Bank of Georgia, signed a USD50 million additional tier 1 capital perpetual subordinated syndicated facility. The European Bank for Reconstruction & Development and Swedfund International AB are the lenders.
Georgian Banks Started 2022 with a Profit of 522 Million GEL
Banks operating in Georgia have submitted financial results for the first four months of 2022 to the National Bank. According to reports, the total revenue of the sector during this period was 2.18 billion GEL.
Georgian Citizens Keep 69% of their Bank Savings in Foreign Currency
Georgian citizens have deposits of GEL 15.7 billion in commercial banks. 69% of this amount or 10.8 billion GEL is placed in foreign currency.