TBC Bank is named as being the leading partner bank in Georgia with the fourth time by Asian Development Bank. The awards ceremony happened in Singapore and attended by about 200 representatives of banks and finance institutions of 15 countries. Asian Development Bank has identified 23 best partner banks in...
Today there is no disadvantage in excessive debts to the Georgian market, Archil Bakuradze, head of the supervisory board of Crystal microfinance organization told BM.GE. The sector needs reasonable regulations, however, in the instance of maximum restrictions, new threats will arise available, he said. "Number of insolvent clients and families...
Clients for getting Services of Revenue Service and Public Registry under Single-window Principle at Commercial Banks. A joint project by National Bank of Georgia (NBG), Government and Revenue Service ensures an exchange of data on borrowers. The document ?arrive into force in October 2018. Based on the NBG, designed for...
Giorgi Chlaidze continues to be appointed because the Director of Communications department at Bank of Georgia. Based on the bank’s press office, Mr.Giorgi joined this company a couple of years ago and was the head of operations. Prior to that particular, he had expertise in marketing field and helped two...
TBC Bank will be the first bank in Georgia which has received a Commerzbank Award from a single of Germany’s largest banks top trade financing. Recognition of TBC Bank Commerzbank has been awarded for highly qualified cooperation and outstanding partnership within the field. “We are glad that TBC Bank has...
TBC Bank additionally, the European Investment Bank (EIB) signed a Thirty million loan agreement. Resource maturity is Few years but it will surely be employed to finance small and medium businesses. “I am content to have such a successful partnership using the European Investment Bank. Here is the fourth transaction...
National Bank of Georgia (NBG) continues reforming the capital city market using the attempt to get the securities market. On October 12, 2018 contained in the supervisory framework development process, the NBG approved the rule for prospectus of company shares and bonds. Objective with this rule is always to upgrade...
KPMG Georgia will accomplish an audit in the reporting of National Bank of Georgia (NBG). The corresponding draft resolution was made by the parliament's finance and budget committee and it will be published to the parliament for voting. Under the resolution, KPMG Georgia is to audit the 2018-2019 reporting with...
Startuperi offers new innovative financial product for the representatives most recent businesses in Georgia – up to 15 000 GEL Startup loan without participation and it also simplifies so that they can achieve the capital. Using 15,000 GEL, startup business representatives can develop existing business in addition to making a...
The new data about the Georgian Stock market was published, based on which market capitalization increased by 22 million GEL. It now amonts 2,279,165,152 GEL. The increase was likely the result of some major transactions and also the bonds placed by JSC “Nikora Trend”. Nevertheless, the company’s 19th Delimination was...