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Zurab Gvasalia: Georgian National Currency is stabilisized
www.finchannel.com: Budget deficit spending is at a minimal rate. By increasing excise tax the Georgian Government filled expected losses in the budget. We also see that price hikes caused by inflation were temporary, which indicates a proper monetary and fiscal policy.
01.05. 2017.11.25

rab Gvasalia:  At   present    none of the  Georgian bank legally ownes  any non-core Assets
: "After the 2008 war and the crisis of 2008-2009, the entire sectors of the Georgian economy were on the brink of total bankruptcy, and then the National Bank made the right decision by providing commercial banks with the right to own non-core assets" , Zurab Gvasalia, President of the Association of Banks of Georgia. 
Zurab Gvasalia: The Deal between the Bank "Republic" and "Basis bank" will Promote Competition on the Market"
www.commersant.ge: "In general, the deal after its completion will contribute to the emergence of another major player on the Georgian financial market that  in turn will increase competition because,  judging by the volume of assets, the new single  bank might  become  the 3rd largest bank  in Georgia. Thus, this merger  can only be welcomed, as it will positively affect the development of the banking business in the country. Especially because we already have the experience of merging banks, "- Zurab Gvasalia, President of the Association of Banks of Georgia. 


Giorgi Tsutskiridze: "We need a new legal and institutional framework, which will be tailored to global challenges."
Commersant.ge An interview with Executive Director of the Association of Banks of Georgia GiorgiTsutskiridze 
23.03.2017. 12:50  
Giorgi Tsutskiridze: A  5 %  economic  growth  is a good  indicator
Commersant.ge An interview with Executive Director of the Association of Banks of Georgia GiorgiTsutskiridze 
17.03.2017. 12:50  
                 Also read

JSC "Progress Bank" became a member of the Association of Banks of Georgia.
19.08.2013 20:10

On August 12, 2013, the Bank made a statement about becoming a member of the Banking Association

FINCA Georgia Received a Banking License
19.08.2013 12:53

FINCA Georgia, now a former JSC MFO FINCA Georgia, received a commercial bank license on August 6, 2013.

EBRD President confirms stability of the Georgian Banking Sector
20.07.2013 13:34

On July 17, the President of the European Reconstruction and Development Bank (EBRD), Sir Suma Chakrabarti, visited the National Bank of Georgia.

National Bank Cuts Georgia’s Growth Forecast for this Year to 4%
09.07.2013 11:39

As the bank’s report says, the main contribution to growth will be made by processing industries and agriculture sector.

Loans Restructured for all Families with the Bank Debt in Kobuleti
09.07.2013 11:36

Radio "Commersant" reports that the loans were restructured for 94 families with the bank debt in Kobuleti.

Upper Limit to Interest Rate on the Loan may be Set for Private Mortgagees
09.07.2013 11:35

The changes include improvement of loan and mortgage agreements, as well as terms of the compulsory auction.

JSC "PASHA Bank Georgia" became a member of the Georgia Bank's Association .
06.07.2013 15:46

One of the leading Azerbaijan bank subsidiaries membership is very important for us in terms of regional cooperation.

Economy Minister: Memorandum on the Establishment of Co-investment Fund was Signed
05.07.2013 13:44

Radio “Commersant'' got some details regarding the co-investment foundation.

"VTB" President Met with Premier Bidzina Ivanishvili during his Visit to Georgia
04.07.2013 15:40

The head office of the Russian "VTB Bank" makes additional clarifications regarding a meeting of the bank’s supervisor with Georgia’s Prime Minister.

Georgia Finds itself in the Top Ten by Pace of Growth of Banking Assets
04.07.2013 15:38

The assessment also includes Georgia. By growth rate of banking system assets Georgia’s banking system finds itself in the top ten and occupies the 9th position.

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Risk Management Certification program to strengthen the Financial Sector in Georgia
13.06.2011 17:58

June 13, 2011 IFC signed a cooperation agreement with Georgian Banking Training Center to jointly implement the Risk Management Certification Program in Georgia

Certificate program of 2011 with special offer
03.03.2011 18:03

Georgian Banking Training Center, in March 2011 begins the formation of groups within the framework of European Banking Certificate Program

New Student Loan from Bank Republic and Caucasus University
02.08.2010 17:07

Bank Republic offers to the students of Caucasus University the credit with the preferential terms for financing the bachelor and master programs.   

People's Bank Plans to Issue 500 Noncontact Cards until 2010
05.11.2009 17:49

At the first stage, People's Bank will issue 2 000 VISA Classic noncontact cards, including 500 ones will be issued by the end of 2009.

ProCredit Bank Opens 59th Branch in Georgia
10.08.2009 15:46

ProCredit Bank continues to expand its branch network both in Tbilisi and in the regions.

Basisbank Offers New Future Deposit to Consumers
22.07.2009 16:28

Increasing Future Deposit is an absolutely new type of deposit on the Georgian banking market

Bank Republic celebrated the opening of new branch in the East Georgia,
06.07.2009 15:25

On June 27, 12:00, Bank Republic celebrated the opening of new branch in the East Georgia, Kvareli, 13 Rustaveli steet 

Director of Consultation Group DAI Europe has officially visited “Basisbank.”
30.06.2009 14:33

At the meeting arranged between the bank management and Bryan Nielsen there were discussed the results of the activities conducted by the consultants within past 3 months.

HSBC Opens A Second Branch In Tbilisi
22.05.2009 13:36

HSBC ’s new branch has opened on May 15 on Pekini Street. The new branch offers a full range of retail and commercial products and services to its customers.

People's bank awarded deposits' Campaign winners
03.04.2009 14:22

A total of 10 prizes (household items) and a super prize – apartment in Tbilisi in one of the most prestigious neighborhoods in Vake were raffled.

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