Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of JSC TBC Bank Group (TBC) and JSC Bank of Georgia (BOG) at ‘BB-‘ and revised their Outlooks to Stable from Positive.
The newly built complex of Tbilisi Hills Golf & Residences was officially opened 6 months ago, and on April 13, a golf opening ceremony was held.
TBC Capital’s research on the residential real estate sector includes a complete analysis of 2018.
The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on March 13 and decided to cut the refinancing rate by 25 basis points. Currently, the policy rate stands at 6.5 percent.
Where can we find or borrow money which would be easy to return at the lowest interest rates? Are there, anywhere, similar creditors? It turns out that similar creditors do genuinely exist.
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.