Banking

Visa Easy Payment Service Limit Increase to 160 GEL

Visa today announced it is supporting an increase in the Card Verification Method limit to 160 GEL in Georgia, allowing consumers to simply tap-to-pay using their card, mobile phone or contactless wearable device for larger purchases.

Credo Bank and FMO Sign 30-million GEL Loan Agreement

Credo Bank and the Dutch Entrepreneurial Development Bank - FMO have signed a GEL 30 Million Loan Agreement.

JSC Liberty Bank Announces Changes in Senior Management

JSC Liberty Bank announces the appointment of Mr. Davit Tsiklauri as Chief Financial Officer.

Bank of Georgia Attracts $55m FMO Investment

With a $55m FMO investment attracted, Bank of Georgia has further strengthened its capital and liquidity positions.

TBC has Raised USD 67 million from Citibank to Finance the Trade

TBC has raised $ 67 million from Citibank to finance the trade. This is the first agreement between TBC and Citibank on attracting funding in the field of trade finance.

EMEA Finance Recognized TBC as the Bank in Georgia in 2019

TBC received three awards from EMEA Finance - International Financial Magazine.

National Bank Temporarily Halts Currency Exchange Booths

The National Bank of Georgia (NBG) has released a special statement:

TBC Bank Buys COVID-19 Fast Test Kits

After active consultations with the Government of Georgia, TBC Bank has bought 10,000 fast test kits for the detection of COVID-19.

TBC Bank Pens USD50 Million Loan From OPEC Development Fund

TBC Bank Group PLC on Monday said it has signed a USD50 million loan from the OPEC Fund for International Development.