Banking

Georgia to Cover Eurobonds on April 12 and Issue New Ones in 10 Days

On April 12 the Georgian Authorities will cover the Eurobonds of $500 million, the parliament’s finance and budget committee chairman Irakli Kovzanadze noted.

Fitch Ratings Has Revised the Outlook on JSC Liberty Bank to ‘Stable’

Fitch Ratings has revised the Outlook on JSC Liberty Bank to ‘Stable’ from ‘Negative’ while affirming its Long-Term Issuer Default Rating (IDR) at 'B+'.

Social Impact Award 2021 Underway

TBC Bank and UNDP Georgia have signed a memorandum for promoting domestic startups, medium and small enterprises, strengthening young people, improving access to finances in regions, and empowering women in the business sector.

General Director of the Bank of Georgia has 2 New Deputies

The General Director of the Bank of Georgia has 2 new deputies. Zurab Kokosadze and Eter Iremadze have been appointed as Archil Gachechiladze's deputies.

Useful News for Liberty Digital Visa Card Customers

"Pay online and 20 GEL will be credited to your account" - Liberty and Visa launch a new, joint campaign for digital card users.

BOG Appoints Mariam Megvinetukhutsesi As Member of the Board of Directors

Bank of Georgia Group PLC announces a new appointment to the Board of Directors with effect from 12 March 2021. Mariam Megvinetukhutsesi has joined the Board as an independent non-executive director.

Liberty Bank Continues to Support Small Family Houses and Shelters

Today, a Memorandum was signed between Liberty Bank and the LEPL Agency For State Care And Assistance For the (Statutory) Victims of Human trafficking.

Georgian Banks Ended January with a Profit of 113 Million

In January 2021, Georgian banks generated a net profit of 113 million GEL, according to the financial data submitted by them to the National Bank. The annual profit margin has increased by 18%.

Nika Kurdiani Named One of Top Three SME Bankers in the World

Efma (European Finance and Marketing Association) and MasterCard revealed the SME Banker of the Year at an online awards ceremony. TBC Deputy General Director Nika Kurdiani was named one of the top three SME bankers in the world.