Profits of Georgia-based commercial banks in January-August 2019 made up 553.5 million GEL, up 8% compared to the same period of 2018.
Remittance inflows increased by 7.8% YoY in August 2019 in USD terms, somewhat improved growth compared to previous two months.
The value of properties seized by commercial banks made up 177.9 million GEL in July 2019, the Finance Sector Report by the National Bank of Georgia (NBG) reads.
According to the National Bank of Georgia (NBG), money transfers to Georgia in August 2019 made up 146.4 million USD (428.5 million GEL), up 7.8% (+10.7 million USD), compared to the same period of 2018.
Founder and former chairman of TBC Bank, Mamuka Khazaradze announced the name of his newly created political movement.
At the Georgian Stock Exchange (GSE) exchange trading sessions, deals were made on 79 000 GEL-denominated shares of Liberty Bank.
TBC Status offers its customers a new, digital set