National Bank Intervenes with $60 Million to Stabilize Currency Market
Today, the National Bank of Georgia intervened in the foreign exchange market, selling $60 million to provide liquidity amid recent volatility.
Shares of Georgian Companies Plunge on London Stock Exchange
The prices of shares of Georgian companies on the London Stock Exchange are falling. As a result of today’s trading, the values of shares of Bank of Georgia, TBC PLC, and Georgia Capital have decreased.
Memorandum of Understanding Signed Between National Bank of Georgia and Elevand
A new memorandum of understanding (MoU) has been signed between the National Bank of Georgia and Elevand, aimed at fostering collaboration in the financial technology sector.
ADB President Endorses Georgia as a Regional Hub
The President of the Asian Development Bank (ADB), Masatsugu Asakawa, affirmed the bank's support for Georgia's development as a regional hub during a press conference in response to inquiries from "Business Partner."
Bank of Georgia and Mastercard Unveil Exclusive Offers for Business Cardholders
The Bank of Georgia, in partnership with Mastercard, is rolling out a suite of exclusive benefits for business cardholders.
Bank of Georgia Issues $300 Million in 9.5% Capital Bonds
Bank of Georgia Group PLC's banking business subsidiary, JSC Bank of Georgia successfully priced a USD 300 million offering of 9.5% perpetual subordinated callable additional tier 1 notes.
Tech Community Gathers for AWS User Group Event Supported by TBC and Space International
The AWS User Group recently hosted a technology-focused gathering in Tbilisi, with the backing of TBC and Space International.
TBC Asset Management Fully Allocates 30 Million Shares in Georgia's First Credit Fund
TBC Asset Management, alongside Georgia's inaugural credit fund, has successfully distributed all 30,000,000 of its shares to investors.
Moody's Elevates Liberty Bank's Outlook to Stable
International ratings powerhouse Moody's has boosted Liberty Bank's long-term outlook to a 'stable' status.