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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

Basisbank expands its service -center network
03.04.2009 15:09

Basisbank regularly caters for its customers. While offering the best possible banking products and services, it makes an effort to form favorable and convenient environment for its customers.

Cartu Bank - New USD 10 mln volume credit line
03.04.2009 15:01

The bank received a 5 years credit line from European Bank for Reconstruction and Development to support small and medium size enterprises operating in the country.

Bank Republic to receive USD 5 million for energy efficiency projects
02.03.2009 09:56

EBRD is lending USD 5 million to Bank Republic to finance energy efficiency projects in Georgia. The facility will be used for on-lending to private sector industrial entities and resident customers to support rational utilization of energy.

Central Bank President Appointed
27.02.2009 16:27

Civil Georgia, Tbilisi . The board of National Bank of Georgia (NBG) elected Giorgi Kadagidze as the president of NBG, which was approved by President Saakashvili on February 27.

Tendencies of Money Transfers in January 2009
18.02.2009 13:53

In January 2009 the volume of money transfers from abroad constituted 51.2 million US dollar, which is 7.3 million USD or 12.5 percent less than the same figure for January 2008.

ProCredit Bank Held a Presentation of “ProArt” Catalogue
26.12.2008 12:58

On December 22, 2008 In “Tbilisi Marriott” hotel ProCredit Bank Georgia presented the publication of its “ProArt” catalogue, which provides an overview of reproductions of paintings by artists who participated in the “ProArt” project organized by the bank in 2007-2008.

Plastic cards market is developing dynamically.
19.12.2008 18:01

The number of banking plastic cards issued by Georgian commercial banks in circulation by December 1, 2008 amounted to 3.5 million, 1.8 times more than the figure for the same date of 2007

Main Trends of Commercial Banks’ Activities as a 1 November 2008
02.12.2008 16:15

As of November 1, 2008, the banking sector in Georgia Compared to the beginning of the year total assets of Georgian commercial banks (in current prices) increased by 665.1 million GEL (9.2 percent) and constituted 7873.2 million GEL.

Bank Republic to carry on strengthening the retail banking services thus opening the new second branch in the East Georgia
26.11.2008 13:40

On November 21, 2008 Bank Republic celebrated the opening of new branch in Signagi. A major strategic trend of Bank Republic is to provide the easy access to the banking services.

Statement of the Acting President of the National Bank of Georgia, David Amaglobeli on the Adjustment of the Lari Exchange Rate
11.11.2008 12:55

A briefing was held at the National Bank of Georgia, during which the acting president of the National Bank of Georgia made a statement on the recent adjustments to the Lari exchange rate.

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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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