The meeting of stakeholders of JSC International Bank of Azerbaijan (IBAR) C Georgia has taken decision on cancellation of banking license and transformation into non-bank organization. Under the decree elapsed the vp of National Bank of Georgia (NBG), the banking license have been stripped from JSC IBAR C Georgia therefore,...
TBC Bank attracted 70 million USD financial resource from Investment and Development Society DEG, that is allocated for small and medium business financing for Many years. “We're also delighted while using professionalism of TBC Bank management and high quality goods and services wanted to small and medium businesses. We've been...
New NBG regulations for raising the crediting portfolio to 15% from 12% annually are standard and acceptable, TBC Bank director general Vakhtang Butskhrikidze noted right after the working meeting dedicated to the latest regulations on retail crediting. “It is important is always that the National Bank of Georgia (NBG) and...
TBC Ertguli Card starts the latest summer action. From August 1 users, who can get services at Ajara objects, will?get 5 times more loyalty points. Points are collected as by collecting at partner companies, together with using TBC terminal. The action applies only through loyal and prime card payment. One collected...
TBC Bank’s financial director Giorgi Shagidze states that the current volatility of GEL is related to deprecation of RUB and TUR in neighboring countries. "GEL is usually a free currency and definitely, developments inside our trade partner countries influence it. We got that last week Turkish Lira considerably depreciated" Shagidze...
TBC Bank continues to be named since the leading partner bank in Georgia for any fourth time by Asian Development Bank in trade finance. The awards ceremony occurred in Singapore and attended by about 200 representatives of banks and financial institutions of 15 countries. Asian Development Bank has identified 23...
The banking sector makes perfect and biggest segment in Georgian economy. Despite commercial banks are thought as locomotives within the state economy, criticism against crediting institutions may be growing in the last years. Georgian citizens express complaint in many directions, including against expensive credits, high commission fees and fines, enslaving...
Maria Luiza Kikonian and Tsira Kemularia were appointed as independent non-executive directors of TBC. On top of that, both of them became individual in the Bank’s Supervisory Board. Maria Luiza Kikonian has experience when controlling various loan companies, including? at Merrill Lynch, Azimut, Mediobanca, and European Bank for Reconstruction and...
Member in the Board within the National Bank of Georgia, Vice-Governor Murtaz Kikoria has just resigned with the office. Mr. Murtaz Kikoria served when the Boss of JSC Bank of Georgia from September 2015 to September 7, 2016. Mr. Kikoria served as Deputy Chief Financial Officer of Finance at Bank...
Visa as well as the National Bank of Georgia continue to keep promote financial literacy by organising a unique educating-entertaining event for children during Back to School period at Tbilisi Mall. This activity are going to be conducted within Visa additionally, the National bank of Georgia financial literacy campaign were...