Georgia-based commercial banks are bearing losses. In March 2020, the banking sector’s losses amounted to 943,130 million GEL.
TBC bank in Uzbekistan, appointed Sandro Rtveladze as chief executive officer.
The Legislative Herald has published the decree signed by Kobe Gvenetadze, president of the National Bank of Georgia (NBG) that determines the distant supervision norms.
Visa today announced it is supporting an increase in the Card Verification Method limit to 160 GEL in Georgia, allowing consumers to simply tap-to-pay using their card, mobile phone or contactless wearable device for larger purchases.
Credo Bank and the Dutch Entrepreneurial Development Bank - FMO have signed a GEL 30 Million Loan Agreement.
JSC Liberty Bank announces the appointment of Mr. Davit Tsiklauri as Chief Financial Officer.
TBC has raised $ 67 million from Citibank to finance the trade. This is the first agreement between TBC and Citibank on attracting funding in the field of trade finance.