Banking

Rico Express Successfully Places ₾100 Million in Bonds with TBC Capital's Support in First Market Entry

Microfinance organization Rico Express has successfully issued and placed 3-year bonds in the amount of 130 million GEL, with the support of TBC Capital.

Bank of Georgia Acquires "Elmavalmshenebeli" Factory for 19.5 Million GEL After Repeat Auction

The "Elmavalmshenebeli" factory, located on Guramishvili Avenue in Tbilisi, has been purchased by the Bank of Georgia for 19.5 million GEL after a repeat auction.

TBC Capital Weekly Update from Chief Economist: Strong FX Inflows, but No GEL Strengthening Scenario

In January, NBG purchased a net amount of US dollars in the foreign exchange market, reaching a high figure of 155 million which exceeds the previous monthly interventions of about 100 million.

TBC Conducts Professional Master Class for "Charte" Project Beneficiaries

As part of their partnership, TBC and Charte organized a master class on March 1 at the TBC concept's multifunctional space for beneficiaries of the TBC project, in order to share necessary knowledge and experience.

Opportunities and Challenges in the Agricultural Sector: Business Meeting Supported by Bank of Georgia

The Bank of Georgia is actively involved in the development and strengthening of the agricultural sector.

"Land Fragmentation and Low Productivity: Main Challenges for Agriculture in Georgia"

According to a review by GALT&TAGGART, land fragmentation and low productivity continue to pose major challenges for the agricultural sector in Georgia.

TBC Bank 2022 Profit Grows on Higher Net Interest Income

TBC Bank Group PLC on Wednesday reported a profit rise in the final quarter of 2022 and in the full year, as net interest income jumped on higher interest rates.

Silk Bank Ended 11 Months with a Loss of Up to 3 Million

As you know, with the reserve requirement implemented last year, the bank, with high larization of deposits (>60%) on loans raised in foreign currency, enjoys a reduced rate from 25% to 10%.

Founder of Binance Visits Georgia and Says that the Country is the Hub of Advanced Financial Technologies

Founder and CEO of Binance, the world's leading cryptocurrency and blockchain infrastructure provider, visits Georgia for a first time. During the visit he meets with Irakli Garibashvili, Prime Minister of Georgia, business and crypto communities.