GeoBanks - Page 3

The FINANCIAL -- As part of the initiative to publish the legal act projects regarding supervision, the National Bank of Georgia publishes the project on Statutory Audits of Financial Statements and Disclosure Requirements of Commercial Banks.

The FINANCIAL -- On September 26, 2018, GEL 30 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

The FINANCIAL -- On September 12, 2018, GEL 40 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

The FINANCIAL -- The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on September 5, 2018 to and decided to keep the refinancing rate unchanged at 7.0 percent.

The FINANCIAL -- On September 5, 2018, securities in the amount of GEL 40 000 000 with a maturity of 364 days were sold at the Ministry of Finance Treasury Bill Auction.

The FINANCIAL -- The Nordic Investment Bank (NIB) has signed a framework agreement on financial cooperation with the Republic of Georgia. The agreement will enable NIB, as an international financial institution (IFI), to fund investment projects in the country.

The FINANCIAL -- End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of

The FINANCIAL -- The volume of lending by commercial banks (including loans to non-residents) in July 2018 increased by 132.9 million GEL or by 0.6 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 0.7 percent)

The FINANCIAL -- GEL 30 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

The FINANCIAL -- Georgian lender TBC Bank Group said it had been provided with a $50m loan by China Development Bank.