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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

Bank Republic has launched a new service
02.07.2009 13:47

from now on Bank Republic cardholders will enjoy an opportunity of receiving information about their account balances in an automatic regime through the Call Center

ProCredit Bank Hosts Exhibition and Sale of the Paintings of Georgian Artists in Ukraine Under Project ProArt
26.06.2009 16:10

ProCredit Bank, Georgia continues to support Georgian art and promote it both within Georgia and abroad. In the framework of the “ProArt” project, ProCredit Bank introduced artworks of Georgian artists to the Ukrainian public.

International conference on "The Modern Role of Central Banks in Small Open Economies"
13.06.2009 16:14

On June 26-27, 2009 the National Bank of Georgia , with the support of the United States Agency for International Development (USAID) and the Asian Development Bank (ADB), will host the first-ever international conference on The Modern Role of Central Banks in Small Open Economies. The conference will be held at the Tbilisi Marriot hotel.

ProCredit Bank Started Constructing New Head Office
01.06.2009 16:19

The 12 000 sq.m. facility, to be completed by 2011, will house all ProCredit employees from the bank’s current head office on Agmashenebeli Avenue, as well as those employees, who will join ProCredit team in coming years. Located on Al. Kazbegi Avenue, Saburtalo district,

Bank Republic – Gold Sponsor of the Exhibition
01.06.2009 16:12

National Museum of Georgia and General Council of Department of Yonne, France have the honor to invite you to the Exhibition Picasso in Georgia from May 31, 2009.

ProCredit Bank offers a New Visa Business Card
21.05.2009 14:46

ProCredit Bank offers a new product, the Visa Business Card, to its existing clients. A business card is a bank plastic card, which enables business entities to manage the company card account

Award in Excellence to TBC Bank
21.05.2009 14:26

This year Deutsche Bank awarded TBC Bank with "2008 USD STP Excellence Award". According to currency transfer quality measurments TBC Bank showed the best results.

Georgia among the leaders of reformer countries
23.04.2009 12:55

Georgia has occupied first place among the reformer countries in Europe and Central Asia and the fifth position in the world - the statistic of the World Bank say. The results were based on the results of the last five years` survey.

Money Transfers in March
16.04.2009 14:11

In March 2009 the volume of money transfers from abroad constituted 60.6 million USD, which is 19.8 million USD or 24.6 percent less than the same figure for March 2008.

The NBG Lowers its Policy Rate (Refinancing Rate) by 50 Basis Points, to 6 Percent.
15.04.2009 18:40

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on April 15, 2009 and decided to lower its main policy rate (the refinancing rate), by 50 basis points, to 6 percent.

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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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