GeoBanks- Page 36

Georgia’s Small and Medium Businesses to Benefit from IFC’s Loan to Isbank Georgia

September 17, 2020

GeoBanks

A new partnership between IFC, a member of the World Bank Group, and Isbank Georgia will help small and medium-sized enterprises (SMEs) in Georgia create more job opportunities, as part of a program aimed at increasing access to finance for underserved smaller businesses.

4B – a new initiative by Bank of Georgia to foster SME development

February the 14th 2020 marks the day that Bank of Georgia unveiled

by The FINANCIAL

February 19, 2020

1 min read

TBC Bank offers customers innovative new payment product – TBC Bracelet

The FINANCIAL-- For the first time in Georgia, TBC Bank customers will be

by The FINANCIAL

December 30, 2019

1 min read

PROCREDIT BANK – Actions driven by the desire for a better future, not by obligation

ProCredit Bank has established itself as one of the driving financial forces

by British Reporter

September 23, 2019

5 mins read

GeoBanks

TBC General Director to Retire in 2010

The FINANCIAL -- In two years Vakhtang Butskhrikidze, General Director of TBC Bank, will finish his active work in the banking sector. “I want to save my time, have a rest and pay more attention to my physical training,” Butskhrikidze has said.

by The FINANCIAL

December 8, 2008

2 mins read

GeoBanks

EBRD Plans to Purchase Shares of CARTU and Bank of Georgia

The FINANCIAL -- After a 2 year gap the European Bank for Reconstruction and Development is back in talks with Bank of Georgia, largest bank in the country by assets. The EBRD Board of Directors is negotiating new conditions for the purchase of

by The FINANCIAL

December 8, 2008

2 mins read

GeoBanks

Total Investments of EBRD in Georgia Raised by 50% in 2008

The FINANCIAL -- The total amount of EBRD’s credit portfolio in Georgia in 2007 was USD 700-800 million. The number rose by 50% in 2008, as top banker of EBRD Georgia, Irakli Mekvabishvili, says.

by The FINANCIAL

December 1, 2008

2 mins read

GeoBanks

Banks Put More Effort into Deposits

The FINANCIAL -- The top banks in Georgia claim that giving out loans has not become more prioritized for them than deposits. In the nearest future TBC bank will offer two new types of deposits. One of them will be targeted at

by The FINANCIAL

November 24, 2008

5 mins read

GeoBanks

Murdoch Brings Western Experience to Georgian Financial Market

The FINANCIAL -- “We will be the first bank in Georgia and in the Caucasus which will adopt Moody’s software and methodology for accurately evaluating private firm credit risk,” Stuart Murdoch, Chairman of Progress Bank’s Supervisory Board, told The FINANCIAL in an

by The FINANCIAL

November 24, 2008

7 mins read

GeoBanks

ProCredit Bank Opens New Office at Tbilisi International Airport

The FINANCIAL – ProCredit Bank Georgia opened new outlet at Tbilisi International Airport. Bank said its branch network comprises 54 offices throughout the country.

by The FINANCIAL

November 17, 2008

1 min read

GeoBanks

BR and Imedi L: Borrow with Confidence

The FINANCIAL -- Bank Republic (BR), Société Générale Group, one of the leading banks in Georgia and International Insurance Company Imedi L signed a strategic partnership agreement. With this initiative, companies are starting a new page of partnership.

by The FINANCIAL

November 17, 2008

4 mins read

GeoBanks

Georgian Lari devaluation close to a drama

The FINANCIAL – (Tbilisi) Georgian Lari devaluated by 0.16 against dollar from Friday to Monday. In the same two days lari depreciated by 0.21 against Euro. Lari’s rate reached a new equilibrium point which is 1.65 and as Amaglobeli said there is

by The FINANCIAL

November 10, 2008

2 mins read

GeoBanks

Central Bank: No Threat of GEL Devaluation

The FINANCIAL -- According to Civil Georgia, the Georgian Lari (GEL) fell 13.4% in a week reaching 1.65 against U.S. dollar on November 10.

by The FINANCIAL

November 10, 2008

1 min read

GeoBanks

Deposit Insurance

The FINANCIAL -- The August war in Georgia revealed the new importance of financial institutions and the banking sector. The Association of Banks of Georgia is already conducting negotiations about deposit insurance with the government.

by The FINANCIAL

November 10, 2008

3 mins read