The National Bank Keeps Its Policy Rate Unchanged At 9.0 Percent

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on March 18, 2020, and decided to keep the refinancing rate unchanged at 9.0 percent.

The Bank of Georgia is Switching to a New Model of Work to Prevent the Spread of Coronavirus

March 16, 2020 - The Bank of Georgia switches to a semi-remote working model to avoid crowded places in order to prevent the spread of coronavirus. 

Money Transfers to Georgia Rise despite Coronavirus Spreads in the World

On March 16, the National Bank of Georgia (NBG) published the 2020 February statistics on money transfers to Georgia.

NBG Sells USD 20 million at Auction

The National Bank of Georgia (NBG) auctioned USD 20 000 000 today. The National Bank has recently announced the outcome of the foreign exchange auction.

Liberty Bank Offers its Customers 3-month Debt Relief Period

Liberty Bank has made another decision to offer all individuals with debt obligations a 3-month relief period.

TBC Bank will delay Debt Payments Due to Coronavirus

Georgia's one of the largest bank is preparing to postpone debt payments for people affected by coronavirus as the number of cases in Georgia rises to 25. 

Bank of Georgia to Defer Loan Payments Due to Coronavirus

Georgia's major bank BOG announced support measures for customers affected by coronavirus.

TBC Expects $ 12.3 Million Revenue from Uzbekistan in 2020

Vakhtang Butskhrikidze, CEO of TBC Bank, announces the rising indicators of Payme (Payments Platform) in the Uzbek market.

Digital Neobank Space Advertizes Vacancy on Manager’s Position in Germany

Digital NeoBank SPACE has advertised a vacancy on a manager’s position in Germany. As published on one of the German websites, SPACE plans to launch operation in Germany.