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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

Wide Spectrum of Offers from New OneCard VISA Infinite
28.05.2010 18:13

The FINANCIAL -- Bank of Georgia , one of the leading banks in Georgia starts issuing OneCard Visa Infinite cards exclusively for its Wealth Management clients.

TBC Bank Q1 Profits Rises to $2.5 mln, Opens New Branch
28.05.2010 18:10

The FINANCIAL -- TBC Bank one of the largest banks in Georgia opened one more branch at Tbilisi Central, biggest trade center in Tbilisi , last week.

Bank Republic Spent 1.5 million GEL on New Branch
10.05.2010 13:43

The FINANCIAL  -- “The results of the first quarter are not fantastic, but there were some improvements in March and April, which will continue until the end of the year,” Gilbert Hie, CEO of Bank Republic, one of the largest banks of Georgia said during the press-conference last week.

ProCredit Bank Lowers Interest Rates on Loans and Deposits
24.04.2010 14:39

Witnessing the signs of recovery in the economic environment of Georgia, ProCredit Bank reduced the interest rates on loans to facilitate the access of businesses to financing and thus to further support their development and accordingly also lowered the interest rates on deposits.

GBTC in Cooperation with Hellenic Aid Trained 58 Representatives from Georgian Banks
06.03.2010 16:57

The FINANCIAL -- The Georgian Banking Training Centre in cooperation and with the financial support of the Greek Government and Hellenic Aid trained 58 representatives from Georgian banks under the programme named Training of Trainers for the Banks of Georgia. The participants were trained by professors from the University of Piraeus

IFC helps Georgian Banks to emerge from the crisis
06.03.2010 16:56

 The FINANCIAL -- Tbilisi , Georgia. IFC, a member of the World Bank Group, is training Georgian bankers on managing risks and improving their credit portfolios, thus helping them mitigate the impact of the financial crisis and expand lending to the real economy.

Useful Mortgage Loan
05.11.2009 17:52

A presentation of Basisbank’s new loan product – Useful Mortgage Loan – was held at Courtyard Marriott Hotel on November 2. Zurab Tsikhistavi, the director general of Basisbank and Levan Gardapkhadze, the director in retail banking, answered the reporters’ questions about the new product. 

30 October - the World Savings Day
05.11.2009 17:46

Every year ProCredit Bank organizes several events dedicated to the World Savings Day. As in the previous years, the bank holds educational activities for the general public and the bank’s customers about savings throughout Georgia.

TBC Bank to Finance Residential Energy Loans to Individuals
23.10.2009 17:38

Starting from today TBC Bank will offer its customers a new loan product – EnergoCredit. For the first time in Georgia the energy efficiency loans will become available for residential customers through TBC Bank.

ProCredit Bank Celebrates the 10th Anniversary of its Operations in Georgia
30.09.2009 11:57

On September 25, ProCredit Bank held a press conference dedicated to the 10th anniversary of its operations in Georgia. In Georgia, during the last twelve months, ProCredit Bank increased its market share from 8% to 10% in both deposits and loans.

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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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