Banking

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.

National Bank of Georgia on Misinformation Spread by Russian Channels

Misinformation has been spread by various Russian channels as if the National Bank does not impose restrictions on sanctioned financial institutions.

TBC Partnered with Kong - World's Leading Cloud Services Provider

TBC is a partner of Kong, the world's leading cloud services company. From now on, the American company will be involved in the process of improving the TBC API-ecosystem.

Nika Kurdiani: Number of Downloads of TBC Uzbekistan's App Exceeds 5 Million

TBC UZ is the first digital bank in Uzbekistan to be launched in October 2020 on the innovative Fintech platform based on Space, offering retail banking through a mobile app.

MAIB CEO Giorgi Shagidze Shares 4 Priorities of Moldova's Largest Bank

According to Giorgi Shagidze, he has four priorities, which the bank is already working on. These include the bank's digital development, as well as regional expansion, service improvements and IPOs.