Banking

TBC Research Reviews Georgia’s Economy

TBC Research has published a monthly update on Georgia’s economy. In spite of lower global growth projections and expected recession in Turkey probably won’t have as much impact on Georgian economy, due to lower dependency on Turkey.

Bank of Georgia Transmits 3.7 million GEL Shares to Kakha Kiknavelidze

According to the statement published at London Stock Exchange (LSE), 68 000 shares of Bank of Georgia was transmitted to Kakha Kiknavelidze.

Papuna Lezhava Appointed As Vice President of National Bank of Georgia

Papuna Lezhava has been appointed as the Vice President of National Bank of Georgia.

Georgian Beer Company Carried out Public Bonds Emission of 25 Million GEL with the Help of TBC Capital

The leader of beer and non-alcoholic beverage manufacturer “Georgian Beer Company” has carried out an obligations’ emission of 25,000,000 GEL worth, which is one of the largest transactions in the corporate public sector segment in 2018.

Net Profits of Commercial Banks Totaled 119.1 million GEL in December

Net profits of the Georgian banking sector made up 119.1 million GEL in December 2018, down 22% compared to December 2017.

Bank of Georgia Appoints New General Director

Archil Gachechiladze has been appointed as a new director of Bank of Georgia. He has replaced Kakha Kiknavelidze on the mentioned position.