Banking

Bank of Georgia Signs a 100 million GEL Loan Agreement with International Finance Corporation

Bank of Georgia (BOG) and the International Finance Corporation (IFC) have signed a 100 million GEL loan agreement with a 5-year maturity.

Crystal Entering Banking Market Merging with Miso Finca

Microfinance organization Crystal is entering the banking market and merges with Bank FInca. The acquirer is Crystal and its shareholders. Negotiations on the reunification process are in an active phase.

VISA Company and Vendoo Sign New Agreement on Cooperation

Under the memorandum, in 2020 customers will be able to engage in various campaigns adapted to their interest.

Fitch Ratings Confers BB- Credit Rating to TBC Leasing

With the growth trend and a 32% upturn, the leasing sector has finished 2019 on a high note.

Startup Optio.Ai to Deliver Innovative AI solution to Basisbank

Georgian startup Optio.Ai will deliver innovative AI solution to Basisbank.

Banking Sector's December Profit Reached 132 million

December turned out to be more lucrative than November for the banking sector.

TBC Bank Obtains Preliminary Banking Licence in Uzbekistan

Georgian lender TBC Bank said it had obtained a preliminary banking licence in Uzbekistan.

Memorandum of Understanding Signed between Liberty Bank and Evex Clinics

As of today, Liberty Social Card holders will receive up to 50% off outpatient and dental services across the Evex Clinic network throughout Georgia.

Georgia is Leading the Way in Delivering Fast, Easy, Secure Payments at Checkout

Visa today announced that Georgia is now leading the way globally to improve checkout through fast