Banking

Fitch Affirms Georgia at 'BB'; Outlook Stable

Fitch Ratings has affirmed Georgia's Long-Term Foreign Currency (LTFC) Issuer Default Rating (IDR) at 'BB' with a Stable Outlook.

Terabank Finishes the Year of 2019 in Profits

Terabank has published the report on the 2019 financial indicators, under which, the bank has ended the reporting period with growing and positive results.

Jsc Liberty Bank Announces Senior Management Appointment

JSC Liberty Bank announced today the appointment of Mr. George Makaridze as Retail Banking Director. 

Bank of Georgia Signs a 100 million GEL Loan Agreement with International Finance Corporation

Bank of Georgia (BOG) and the International Finance Corporation (IFC) have signed a 100 million GEL loan agreement with a 5-year maturity.

Crystal Entering Banking Market Merging with Miso Finca

Microfinance organization Crystal is entering the banking market and merges with Bank FInca. The acquirer is Crystal and its shareholders. Negotiations on the reunification process are in an active phase.

VISA Company and Vendoo Sign New Agreement on Cooperation

Under the memorandum, in 2020 customers will be able to engage in various campaigns adapted to their interest.

Fitch Ratings Confers BB- Credit Rating to TBC Leasing

With the growth trend and a 32% upturn, the leasing sector has finished 2019 on a high note.

Startup Optio.Ai to Deliver Innovative AI solution to Basisbank

Georgian startup Optio.Ai will deliver innovative AI solution to Basisbank.

Banking Sector's December Profit Reached 132 million

December turned out to be more lucrative than November for the banking sector.