Banking

TBC Takes over Controlling Interest in TKT.GE

TBC has grown the 26% stake in TKT.GE to 55% and taken over the controlling interest.

Moody's to Upgrade Liberty Bank Rating

Financial services company Moody's has upgraded the rating of Liberty Bank from B1 to Ba3 on June 20, 2019.

BOG Receives US$10mln Subordinated Loan from EFSE

Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia and the EFSE have entered into a US$10 million subordinated loan agreement with a maturity of 10 years.

TBC Capital has listed the largest Eurobond issue on the Georgian Stock Exchange

TBC Bank has successfully priced a debut US$300 million 5-year 5.75% (6% yield to maturity) senior unsecured notes issue (the "Notes").

How TBC Develops Digital Ecosystems

When speaking about ecosystems, whether we want to or not, we start thinking about environmental protection and ecological conditions.

Bank of Georgia to Allocate 1 million GEL for Tourism Sector Development

Bank of Georgia keeps developing tourism sector and plans to allocate 1 million GEL for summer season.

Bank of Georgia to Host Investor Day

Bank of Georgia held the "Investor Day", to support the idea, that Georgia is a prominent investment country in Caucasus Region.

BSTDB Issues a New Bond To Support Portfolio Growth

The Black Sea Trade & Development Bank (BSTDB) has raised USD 400 million with a new bond issued under its EUR 1 billion Medium-Term Note.

A Commercial Bank is Not to Build and a Developer is Not to Lend

Last week, David Chichinadze, an independent member of the Parliament of Georgia,  expressed an interest in the mechanisms that the National Bank of Georgia (NBG) applies.