Banking

TBC Attracts Technology Specialists from All Over the World

For more than a year now, the TBC team has been expanding internationally and attracting talent from different countries in the field of technology.

TBC Plans to Launch Banking Operations in Uzbekistan in the Summer

TBC plans to launch banking operations in Uzbekistan in the summer. 

ProCredit Bank's Statement: Our Bank Does Not Open Accounts for Russian Citizens

ProCredit Bank shares the statement about the recent events that have increased the interest in the approach towards opening accounts for Russian citizens and Russian-based companies.

Silk Road Bank has Increased Lending to ₾16 Million

Silk Road Bank has increased lending to GEL 16 million. The share of foreign currency loans in the loan portfolio does not exceed 10.5%.

There are Changes in the BOG Supervisory Board

Neil Janin, who has been managing Bank of Georgia Holding since 2010, is leaving the bank.

Bank of Georgia Appoints Mel Carvill as New Chairman

Bank of Georgia Group PLC said Thursday that it has appointed Mel Carvill as chairman to replace Neil Janin with immediate effect.

VTB Completed 600 Million Portfolio Migration Process

VTB completed the migration of its 595 million GEL retail portfolio to Basisbank last night and will pay off Liberty on Thursday night before handing over part of the corporate portfolio.

Liberty's Portfolio Exceeded ₾2.2 Billion

Competition in the SME lending market is growing. Competitors (Basisbank, ProCredit Bank) expect Liberty to become more active.

₾677 047 Transferred to Bank of Georgia's Fund to help Ukraine

677,047 GEL has already been transferred to the fund created by the Bank of Georgia to help Ukraine.