Koba Gvenetadze, president of the National Bank of Georgia (NBG) has participated in the online meeting of managers of central banks of Near East and Central Asia
Irakli Elashvili will lead the management team of FINCA Bank.
Commercial banks have finished the month of August in net profits of GEL 96.363 million, up GEL 32.870 million compared to July 2020 (GEL 63.493 million).
Basisbank posted a profit of GEL 5 million in August and halved its loss of GEL 10.9 million in January-July.
To support businesses, TBC is offering a new invoicing service that greatly simplifies the routine that companies have to perform on a daily basis.
Consolidated losses of Georgia-based commercial banks in the first half of 2020 marked GEL 486 million, the financial report submitted by commercial banks to the National Bank of Georgia (NBG) reads.
For the first time in Georgia, customers are able to take mortgage loans easier, through digital channels.
VTB Bank and Georgian Football Federation (GFF) have decided to take their cooperation to a new level.
The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on August 5, 2020, and decided to cut the refinancing rate by 0.25 percentage points to 8.0 percent.