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.
TBC Bank Received 34 million USD Credit Resource
On February 28, TBC Bank has received 34 million USD credit resource from the European Investment Bank (EIB). The funds will be spent on small and medium business financing of bank clients in Georgia.
U.S Embassy: TBC Case Result can Have Significant Implications for Georgia’s Reputation
The U.S. Embassy to Georgia is closely following developments surrounding TBC Bank.
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: