The TBC Bank case has turned out to be a high-profile matter over the past month. The story of one transaction raised more questions in terms of business freedom and democracy in the country.
TBC Bank founder Mamuka Khazaradze demands that Koba Gvenetadze, president of the National Bank of Georgia (NBG) resign and urges to call him to account.
The U.S. Embassy to Georgia is closely following developments surrounding TBC Bank.
The volume of lending by commercial banks (including loans to non-residents) in January 2019 decreased by 170.2 million GEL or by 0.6 percent compared to the previous month.
The ongoing meeting of the parliament committee on TBC Bank case was closed after voting.
EU-Georgia Business Council (EUGBC) issued an official statement in regards to TBC Bank case. EUGBC expressed its support for TBC by stating that it is a company which has achieved a significant success.
Mamuka Khazaradze has released a special statement in the social network: