Ailing Ford Motor Co. said Monday it would close facilities in Cleveland, Ohio, by 2009, affecting some 1,100 hourly workers, as part of its North American belt-tightening.
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Joint Stock Company (JSC) Bank of Georgia starts issue of VISA plastic cards to vulnerable families included in the identification program for vulnerable people, residents of Tbilisi. BLACK SEA PRESS was told it in JSC Bank of Georgia.
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Strategy of Joint Stock Company (JSC) Republic Bank of Georgia, member of Societe Generale Group, aims not at leadership at the Georgian banking market, but introduction of high quality products and services.
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Two-day Georgian-Israeli Business Forum was opened in Tel-Aviv last week. Giorgi Arveladze, Minister of Economic Development of Georgia, is participating in the Forum.
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President of the National Bank of Georgia (NBG) will chair regional group of Basel conference for banking supervision in the States of South Caucasus, Central Asia and Russian Federation. As BLACK SEA PRESS was told in NBG, the two-year chairmanship was
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Prospects of cooperation between Georgia and the Asian Development Bank (ADB) were discussed at the meeting of Aleksi Aleksishvili, Finance Minister of Georgia, with Kharukhiko Kuroda, president of ADB.
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The Leumi Board of Directors today approved the transaction for acquiring 18% of the Superpharm Group for a consideration of approx: NIS190 million. The acquisition will be executed through Leumi & Co, Leumi’s non-banking investment wing, by means of a share
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National Bank of Canada and BNP Paribas announced on 2 May that they have formed a joint venture offering hedge fund managed accounts, a vehicle of choice for retail and institutional investors who wish to invest in hedge funds while controlling operational and
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