Temur Tatishvili

The FINANCIAL -- Royal Bank of Scotland (RBS) has on June 25 announced the appointment of Leigh Bartlett as Chief Financial Officer (CFO) of Williams & Glyn.

The FINANCIAL -- Societe Generale announces the sale of 7.04% of Sopra Steria Group’s share capital held through its 100% owned subsidiary Geninfo.

The FINANCIAL -- The volume of lending by commercial banks (including loans to non-residents) in May 2015 increased by 12.4 million GEL or by 0.1 percent (exchange rate changes contributed by 0.05 percentage point and operation changes contributed by 0.03 percentage point)

The FINANCIAL -- As of June 1 2015, the banking sector in Georgia is represented by 19 commercial banks, including 16 foreign-controlled banks and two branches of non-resident banks.

The FINANCIAL -- The total volume of non-bank deposits in the country's banking sector decreased by 1.35 percent (exchange rate excluded 1.41 percent), or by 174.9 million GEL, compared to May 1, 2015 and constituted 12.8 billion GEL by June 1, 2015.

The FINANCIAL -- Following the recent changes in the Finnish government, Mr Alexander Stubb was appointed Minister of Finance on 29 May 2015 and has become the Governor of the European Investment Bank, succeeding Mr Antti Rinne.