Amid high inflation and increased pressure on the banking sector, there are fewer opportunities for long-term consumer loans.
The Bank of Georgia and the Regional Small and Medium Business Development Project have signed a memorandum of cooperation to help increase access to finance for small and medium-sized enterprises (SMEs) in Georgia.
Space International, the first international Georgian fintech company of the TBC Group, has announced that its TBC UZ application has been downloaded four million times in Uzbekistan in just two and a half years since its launch.
After serving as Deputy General Director of TBC for nine years, Nika Kurdiani is taking on a new role as head of TBC Bank's international expansion starting from May 1.
According to recent statistics from the National Bank of Georgia, the use of bank plastic cards continues to grow on the Georgian market, with a total of 7,950,110 cards in circulation as of February.
500 Global, one of the world's largest accelerators, has launched its fourth stream in Georgia with 12 selected startups.
The Bank of Georgia group has announced changes in its management, with the departure of Levan Kulijanishvili, the current Chief Operating Officer (COO) who will be leaving his post on May 12.
TBC Bank Group has recently announced a change in its executive management, with Nika Kurdiani stepping down from his current role as Deputy CEO of TBC Bank.
The Bank of Georgia has partnered with Altera Audit to offer a new service that aims to help small and medium-sized businesses automate their tax audit process.