Banking

Bank of Georgia and Mastercard Unveil Exclusive Offers for Business Cardholders

The Bank of Georgia, in partnership with Mastercard, is rolling out a suite of exclusive benefits for business cardholders.

Bank of Georgia Issues $300 Million in 9.5% Capital Bonds

Bank of Georgia Group PLC's banking business subsidiary, JSC Bank of Georgia successfully priced a USD 300 million offering of 9.5% perpetual subordinated callable additional tier 1 notes.

Tech Community Gathers for AWS User Group Event Supported by TBC and Space International

The AWS User Group recently hosted a technology-focused gathering in Tbilisi, with the backing of TBC and Space International.

TBC Asset Management Fully Allocates 30 Million Shares in Georgia's First Credit Fund

TBC Asset Management, alongside Georgia's inaugural credit fund, has successfully distributed all 30,000,000 of its shares to investors.

Moody's Elevates Liberty Bank's Outlook to Stable

International ratings powerhouse Moody's has boosted Liberty Bank's long-term outlook to a 'stable' status.

Liberty Bank Acquires "Topcard" from Rebank

Liberty Bank has successfully acquired the "Topcard" product and retail credit portfolio from Rebank.

TBC Capital Hosts First Annual International Capital Markets Conference in Georgia

In response to the dynamic evolution of the local capital market, TBC Capital has launched a new initiative by hosting the first annual Capital Markets International conference in Georgia.

BGEO Group's Market Capitalization Surpasses £2.3 Billion

The Bank of Georgia Group (BGEO) experienced a significant 40% month-on-month surge in its London session week closing.

Banking Sector Sees Decline in Customer Base

The Georgian banking sector witnessed a reduction in its customer base, with the number of bank customers dropping to 1.578 million, down from 1.622 million active users.