Banking

Microfinance Organizations Lost 51 Million Lari in the First Block of this Year

During the last years, this is the first time, when the sector finished its block with the financial damage.

300 Million USD Attracted by TBC to Boost Economic Growth in Georgia

TBC plans to attract 300 million USD and fund small and medium business sectors, TBC Bank director general Vakhtang Butskhrikidze noted.

TBC to Issue Euro Bonds Worth of 300 Million USD

TBC will issue denominated bonds worth of 300 million US dollars, unsecured, valid for 5 years. 

Bank of Georgia to Finance Hilton Hotel Construction in Tbilisi

Bank of Georgia (BOG) will finance Hilton hotel construction in Tbilisi. The key idea of the project is to combine two epochs, harmonize old and modern architectural styles.

TBC Starts Innovative Project “Startup Leave” for Its Employees

TBC plans to launch an innovative project for its staff – Startup Leave.

Official Exchange Rate of Lari set Against US Dollar

The official exchange rate of the Georgian lari was set at 1 USD /2.7793 GEL.

Bank of Georgia Wins the Best Custodian Bank Award From Global Finance

Global Finance magazine considered market researches, expert sources, analyzed the information given by Banks and customers.

Liberty Introduced New Banking Service

Liberty successfully implemented the so-called Core system of the main banking system in partnership with the largest IT company ASSECO in the Central and Eastern Europe region.

Commercial banks’ Assets Amounted to 40 Billion GEL

As of May 1, 2019, 14 commercial banks operate in Georgia, 14 of them with foreign capital participation.