Banking

Whether Banking Regulations will Be Smoothed

According to a new survey by TBC Research, in March 2019 the pace of growth in non mortgage consumer loans became negative, and was at 1.9%.

ADB, Credo Bank Deal Provides Home Improvement, Mortgage Loans to Rural Households in Georgia

The Asian Development Bank (ADB) is providing a 60 million Georgian lari ($22.3 million) loan and a $500,000 technical assistance grant to Credo Bank.

TBC Launches Agile Transformation with Mckinsey

TBC has launched an introduction of modern and flexible system – Agile, which is a new method of operation to simplify working process, narrow bureaucracy and grow efficiency.

Fitch Affirms 4 Georgian Banks, Revises Outlooks on TBC and BOG to Stable

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of JSC TBC Bank Group (TBC) and JSC Bank of Georgia (BOG) at ‘BB-‘ and revised their Outlooks to Stable from Positive.

Cooperation Memorandum Signed between TBC and TBILISI HILLS GOLF & RESIDENCES

The newly built complex of Tbilisi Hills Golf & Residences was officially opened 6 months ago, and on April 13, a golf opening ceremony was held.

TBC Capital Conducted Large Research of Residential Real Estate Market

TBC Capital’s research on the residential real estate sector includes a complete analysis of 2018.

National Bank of Georgia Marks 100th Anniversary

It has been 100 years since the foundation of National Bank of Georgia.

Net Profit of Georgian Banks Declines

In February 2019, Georgian commercial banks made a profit of $ 55.7 million, which is 34.2 million less than in the same period of 2018.

The National Bank Of Georgia Cuts The Monetary Policy Rate By 0.25 Percentage Points To 6.5%

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on March 13 and decided to cut the refinancing rate by 25 basis points. Currently, the policy rate stands at 6.5 percent.