Volume of Lending by Commercial Banks Decreased by 170.2 million GEL
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.
Non-bank Deposits Decreased by 450.6 million GEL
The total volume of non-bank deposits in the country’s banking sector decreased by 2.0 percent.
Committee Meeting on TBC Bank Case Closed after Voting
The ongoing meeting of the parliament committee on TBC Bank case was closed after voting.
EUGBC Suggests Create Monitoring Commission on TBC Bank’s Case
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: I Have Made Decision to Quit TBC Bank
Mamuka Khazaradze has released a special statement in the social network:
TBC Bank Withdraws all Court Cases Against the National Bank of Georgia
Over the last few days, we have had detailed discussions around events concerning TBC Bank. Regarding this, NBG announces the following:
National Bank President to Deliver Speech on TBC Bank Case at Parliament of Georgia
Koba Gvenetadze, president of the National Bank of Georgia (NBG), will deliver a speech on the TBC Bank case at the parliament of Georgia on February 26.
TBC Bank’s 2018 Profit Rises
TBC Bank Group Plc reported a 21.5 percent jump in full-year earnings, as lending remained strong on the back of a strong macroeconomic performance.
Business Ombudsman Offers TBC Founders to Hold Meeting
“We are ready to hold a meeting with TBC Bank founders if they have such information that we can share to each other. I am ready as a Business Ombudsman to have more information, Business Ombudsman of Georgia Irakli Lekvinadze noted.