BOG Signs Loan Guarantee Agreement with EIB Group
Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia has signed an up to EUR 60 million loan guarantee agreement under the InnovFin SME Guarantee Facility with European Investment Bank Group.
Banking Sector’s Losses in January-May Amounted to 613 million GEL
Fifteen Georgia-based commercial banks ended the January-May period in losses of 613 million GEL, the financial reports published by the National Bank of Georgia (NBG) read.
TBC Launched Banking Operations in Uzbekistan Today
TBC already has its first customers in Uzbekistan. The bank started implementing banking operations today.
TBC Raised $100 Million from EBRD to Support Small and Medium Businesses
The European Bank for Reconstruction and Development (EBRD) has announced a $100 million allocation for TBC Bank.
TBC Attracts $30 million Financial Support Component from USDA
The US Department of Agriculture (USDA) has allocated 30 million USD financial support for promoting US agriculture products imports to Georgia, as part of the Exports Credit Guarantee Program.
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.
FINCA Bank Georgia - Strong Financial Performance and Support of International Partners Allow us to Smoothly Continue Business Operations in the Country
The year 2019 for FINCA Bank Georgia was the year of new initiatives, challenges and opportunities.