Banking

BOGG PLC Acquires Armenia's Leading Bank

BOGG PLC has finalized a deal to acquire 100% of Ameriabank's shares, Armenia's top universal bank, for a transaction amount of $303.6 million.

National Bank of Georgia Releases January 2024 Monthly Economic Review

The National Bank of Georgia has published its January 2024 Monthly Review, offering a comprehensive analysis of the latest macroeconomic trends

500 Global, Bank of Georgia, and GITA Celebrate the Success of the Fifth Cohort at 500 Georgia's Demo Day

The fifth cohort of the 500 Georgia Acceleration Program, after a rigorous 12-week intensive course, showcased their innovative startups at the eagerly anticipated Demo Day.

Visa Partners with TBC to Launch Visa Direct in Georgia

Visa and TBC have joined forces to launch Visa's international payment platform, Visa Direct, in Georgia.

Papuna Lezhava Announces New Role at the International Monetary Fund

Papuna Lezhava, the former Vice President of the National Bank of Georgia, has announced her upcoming role at the International Monetary Fund (IMF).

TBC Bank Emerges as Georgia's First Partner of VISA's CyberSource Payment Platform

In a significant development for Georgia's financial technology landscape, TBC Bank has become the inaugural partner of VISA's international payment platform, CyberSource.

Terabank Boosts Deposit Portfolio to 941 Million GEL

Terabank has witnessed a significant increase in its deposit portfolio.

National Bank of Georgia Enlists Expertise of Renowned International Consultants

The National Bank of Georgia has fortified its team with the addition of esteemed international consultants to bolster financial market development and the advancement of both ongoing and prospective reforms, as announced by the bank itself.

TBC and FMO Sign Memorandum of Cooperation

A significant memorandum of cooperation has been sealed between TBC and FMO, the esteemed Dutch Entrepreneurial Development Bank.