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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

TBC Bank Increasing Corporate Credit Portfolio by 20%
30.10.2010 14:46

The FINANCIAL -- TBC Bank , one of the leading banks in Georgia, will have a 20% increase in its corporate clients credit portfolio in 2010 according to Vakhtang Butskhrikidze, General Director of TBC Bank .

The first Basissbank-USAID joint project
28.09.2010 12:46

In the head office of JSC Basisbank, Basisbank and United States Agency for International Development (USAID) signed a cooperation agreement..

ProCredit Bank Announces Changes in its Management Team
06.09.2010 18:14
 At the Radisson BLU Iveria Hotel, ProCredit Bank, Georgia announced changes in its management team. Ms. Maya Meredova, Director of the bank since 2007, will replace Mr. Philipp Pott, who has served as General Director for the past four years.
EBRD has named Basisbank as one of the most active TFP program participant.
30.07.2010 13:38

In 2008 EBRD has enhanced its successful relationship with Basis Bank by acquiring 15% equity stake in the Bank in order to contribute in the further development and institutional building. 

Meeting with Economic Experts
22.07.2010 12:25

By the initiative of the National Bank of Georgia a meeting between the National Bank authorities and economic experts was held in Tbilisi Marriott in 20 July.

Deputy Prime Minister of Ukraine Sergiy Tigipko met the President of the National Bank of Georgia Giorgi Kadagidze
20.07.2010 09:34

Sergiy Tigipko Deputy Prime Minister of Ukraine  met the President of the National Bank of Georgia, Giorgi Kadagidze while visiting Georgia. The guest was introduced to new reforms implemented in the National bank of Georgia and new instruments offered to banking sector.

Bank Republic Donates Blood and Equipment for the Children Suffering from Leukemia
13.07.2010 13:12

Campaign has started at Iashvili Children Hospital (Lubliana street 2/6, Digomi). This is the part of most critical assistance programs implemented by BR. Bank management said  the most important is to care for, help and save the lives of the children.

Bank of Georgia opens an account with Euroclear Bank
15.06.2010 14:35

Bank of Georgia said it has set up a direct account with Euroclear Bank, the international central securities depository of the Euroclear group and the leading clearance and settlement system for internationally traded securities.

VTB Bank Georgia Offering Hypo Loans With New Terms
15.06.2010 14:32

VTB Bank Georgia, one of the leading banks on local market has started offering mortgage loans with lowered interest rates.

TBC Kredit's loan portfolio increases by 10 percent
15.06.2010 14:30

 As of June 1, 2010, the loan portfolio of the Azerbaijani non-bank credit organization TBC Kredit increased by 10 percent compared to the early 2010 and by $0.5 million compared to the data of the previous month, the company said.

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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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