Banking

Fitch Affirms 4 Georgian Banks, Revises Outlooks on TBC and BOG to Stable

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.

Cooperation Memorandum Signed between TBC and TBILISI HILLS GOLF & RESIDENCES

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 Conducted Large Research of Residential Real Estate Market

TBC Capital’s research on the residential real estate sector includes a complete analysis of 2018.

National Bank of Georgia Marks 100th Anniversary

It has been 100 years since the foundation of National Bank of Georgia.

Net Profit of Georgian Banks Declines

In February 2019, Georgian commercial banks made a profit of $ 55.7 million, which is 34.2 million less than in the same period of 2018.

The National Bank Of Georgia Cuts The Monetary Policy Rate By 0.25 Percentage Points To 6.5%

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.

The Value of Credits in Georgia – International Experience

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.

TBC Bank Case: Mamuka Khazaradze’s Withdrawal Raises More Questions

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.

Mamuka Khazaradze: I express full distrust to Koba Gvenetadze and NBG Vice President

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.