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Georgian Commercial Banks Bear Losses – 1H20 Rating

Consolidated losses of Georgia-based commercial banks in the first half of 2020 marked GEL 486 million, the financial report submitted by commercial banks to the National Bank of Georgia (NBG) reads.
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ProCredit Bank’s 20 Years in Georgia – the Advantages of Being a German Bank in the Georgian Financial Sector

20 years of banking experience, 100% German capital, the highest credit rating in the Georgian banking sector, environmental friendliness and a focus on small and medium sized business development.
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NBG

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