Banking

Rising Georgian Company Stocks Make Waves on the London Stock Exchange

Three Georgian companies—Bank of Georgia, TBS Bank, and Georgian Capital—are making their presence felt on the London Stock Exchange with significant gains in share prices over the past week.

NBG Forecasts a Drop in Refinancing Rate to 9.5% Amidst Inflationary Risks and Geopolitical Challenges

Despite the potential threats of external factors, the financial stability of the nation does not seem compromised by any internal elements, according to the acting president of National Bank of Georgia, Natia Turnava.

S&P Global Ratings Confirms Georgia's Banking Sector's Sustainable Growth

Natia Turnava, Acting President of the National Bank, expressed her satisfaction with the recent report from S&P Global Ratings, which affirms the robust and sustainable development of the Georgian banking system.

New Mandate for Banks Could Impact Deposit Portfolio Pricing

Banks are now required to accumulate financial resources in a resolution fund to mitigate potential financial crises, according to Aleksandre Dzneladze, Chairman of the Banking Association. This announcement was made on the "Business Partner" program.

Integrating Google Pay: How TBC's Tech Team Modernized Payments

TBC has successfully implemented Google's payment system, Google Pay, for several months now. Dedicated to simplifying lives and offering superior consumer experiences

EBRD to Use Services of Basisbank to Access BMatch in Georgia

The EBRD has executed its first US dollar and Georgian lari foreign exchange spot transaction on Bloomberg’s BMatch platform using Basisbank’s web-based services.

Energy Development Georgia' Raises $10 Million Through Bond Issuance with TBC Capital

Energy Development Georgia," the management company of Cascade Power Plants, has issued unsecured and unsubordinated bonds worth $10 million, with TBC Capital playing a vital role in the process

Natia Turnava: The First Woman to Hold Presidency Role at National Bank of Georgia

NBG Council has appointed Natia Turnava as the First Vice President, marking a historic moment as she becomes the first woman to act as the bank's president.

Peysera Georgia Pioneers Digital Banking with Newly Granted Lending Rights

The National Bank of Georgia has given the green light to Peysera Bank Georgia JSC to commence its customer services in earnest, effective June 15, 2023.