Banking

Economic Growth Potential

According to a preliminary forecast by TBC Bank, 2019 economic growth will be about 4.7%. Growth is expected to exceed 5% in 2020, TBC Bank’s chief economist Otar Nadaraia told BusinessPartner.

How German MHB Bank Grew into Georgian Raisin Bank

German MHB Bank has launched operation under the name of Raisin Bank, the company founder Tamaz Giorgadze told BM.ge.

Georgia’s First Digital Bank “Space” Enters the Global Market

Georgia’s first digital bank, “Space,” has entered the global market. What benefits will Space receive from its partnership with VISA, and which countries will it appear in?

GFG Replenishes Stake in Liberty Bank to 91.2%

Georgian Financial Group (GFG) has replenished its stake in Liberty Bank to 91.18%.

Visa and Georgia's TBC-backed Neobank - Space Announce Strategic Partnership

Visa and Space, the first fully digital bank in Georgia, today announced they have signed a partnership agreement to jointly develop innovative banking services

Fitch Rtgs: Regulation and Rate Rises to Keep Lid on Georgian Bank Lending

Loan growth at Georgian banks should stay under control in the near term as stricter regulatory standards

That Which you Give Away is Yours - Cashback from Liberty

Liberty has launched a completely new, innovative and large-scale loyalty program for its customers. Cashback is completely different and unprecedented than similar loyalty projects on the market.

TBC Leasing Attracts 9 million EUR Financial Resources

Proparco company has allocated 9 million EUR financial resource to TBC Leasing.

Total Stock of Outstanding Georgian Bonds Increased by 41%

The total stock of outstanding Georgian bonds increased by 41% Y-o-Y (32% excluding FX effect) by the end of 3Q2019, mainly on the back of local corporate bonds and Eurobonds.