Banking Sector Regulations Halve Sales – Microfinance Organizations to Develop New Installment Schemes
According to Geostat, the national statistics service of Georgia, as of December 1, 2019, there are about 2000 stores for home appliances in Georgia, including 1,954 small trading outlets.
Visa and Space Neobank, powered by the Georgia’s largest bank TBC, launch delivery service for Space consumers in Georgia.
According to the statement published at London Stock Exchange (LSE), 68 000 shares of Bank of Georgia was transmitted to Kakha Kiknavelidze.
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 the Georgian banking sector made up 119.1 million GEL in December 2018, down 22% compared to December 2017.