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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

Zu
rab Gvasalia:  At   present    none of the  Georgian bank legally ownes  any non-core Assets
www.commersant.ge
: "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. 
27.02.2017.13.25
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. 
07.06.2016.13.25

 

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

IMF Executive Director – Georgia’s economy may develop faster than planned
06.06.2017 21:23

IMF Executive Director – Georgia’s economy may develop faster than planned As first indicators show at this moment,

PASHA Bank Funds Yet Another Eco Project
06.06.2017 21:20

To celebrate the International Children's Day on June 1st PASHA Bank donated Caucasian Fir trees to ten schools in Tbilisi to be planted in their yards. The schools were selected by “Georgia Today”

PASHA Bank Supports Eco Project in Kondoli Village
13.04.2017 14:46

On April 1st Rotary Club Tbilisi Ambassador in partnership with PASHA Bank carried out an eco-project in Kondoli village (Telavi region, Kakheti).

Global Finance Names TBC Bank as Best Bank in Georgia
25.03.2017 22:22

The winner was selected due to several criteria: assets growth pace, profitability, return on assets and capital, coverage zone, innovations.

MFO Credo Turned into a Bank
22.03.2017 18:35

National Bank of Georgia (NBG) issued a banking license to JSC Credo Bank, which has been operating on the Georgian market since 2007 as a microfinance organization

New member of the ABG become IBA-Georgia
10.03.2017 13:46

The General Director of the International Bank of Azerbaijan-Georgia became a member of the Board of the Association of Georgian Banks

NBG President Sees the Solution to the Current Situation in the So-called Next Generation Reforms and Unpopular Decisions
15.05.2015 11:14

Giorgi Kadagidze, President of the National Bank of Georgia, believes that the solution to the current situation lies in the so-called next generation reforms and unpopular decisions.

“Guidelines on Consumer Rights Protection in Banks” presentation
02.05.2015 18:20

German Savings Banks Foundation for International Cooperation (SBFIC) together with the Association of Banks of Georgia (ABG) and the National Bank of Georgia (NBG) is honored to present Mr. Levan Gogoladze’s book “Guidelines on Consumer Rights Protection in Banks” presentation.

PASHA Bank Subsidiary Started Operations in Georgia with 4-fold more Success Compared to Initial Estimations
11.09.2013 10:57

PASHA Bank is satisfied with the first working results of its subsidiary PASHA Bank Georgia.

Within the Agro loan project VTB Bank has financed Kakhetian Traditional Winemaking company
06.09.2013 18:13

The amount of financial support for Kakhetian Traditional Winemaking company provided by VTB Bank is 3.35 million GEL.

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TBC Bank received USD 15 m funds
25.05.2008 15:17

On May 20, TBC Bank and Netherlands Development Finance Company - FMO sign USD 15 m loan agreement.

EBRD investing in Basisbank
25.05.2008 15:14

On 19 May 2008, at the Annual Meeting of European Bank for Reconstruction and Development held in Kiev, an Agreement between EBRD and Basisbank was signed. EBRD has acquired a 15 percent-stake in Basisbank

TBC Bank Recieved USD 30m Fund
15.03.2008 13:43
On  March 11, TBC Bank and french financial institute BNP PARIBAS signed a Multisource Framework Agreement
ProCredit Bank Armenia opens for business as the 22nd institution in the worldwide ProCredit group
05.02.2008 18:28

As of today, in 5 february  very small and small entrepreneurs as well as “ordinary people” of Armenia do have a new bank and are welcome at ProCredit Bank. The bank is located at 31/99 Moskovyan Street in Yerevan.

TBC Bank Opened the First Ultra-Modern Branch
08.01.2008 12:46

TBC Bank’s new ultra-modern branch opened at 73a Tsereteli Ave. on December 25. It is the first ever branch of its kind in Georgian banking sector. Only a few leading global banks (Deutsche Bank,  ABN Amro, City Bank and etc.) are operating the ultra-modern barrier-free branches.

People's Bank Introduces New Services - NFC Mobile Telephone -Alternative to Bank Card
22.12.2007 17:36

 JSC People's Bank held presentation of new banking product NFC Mobile Telephone at Sherton Metechi Palace. In 2008, People's Bank consumers will be able to make purchases by mobile phones with the help of special chips installed by People's Bank.

ProCredit Bank 3 new branches were opened in Tbilisi.
10.12.2007 17:27

ProCredit Bank continues expansion of the network of its branches both in Tbilisi and in the regions. During last 3 months, new branches were opened in Tbilisi Mukhiani and Gldani settlements and in Dadiani Street.

The joint project of TBC Bank and EBRD will support energy efficiency investments in Georgia
10.12.2007 17:23

On November 30, TBC Bank and EBRD (European Bank for Reconstruction and Development) signed an agreement on financing Energy Efficiency projects in Georgia.

TBC Bank attracted $35m fund
25.07.2007 15:27

Credit-Suisse  made its first investment in Georgian market by granting a credit line of USD 35m to TBC Bank. The term of the loan is two years.

Deposit summer campaign has been started in ProCredit Bank!
14.07.2007 15:41

Evereone who will open a deposit before September 15 will receive a present with ProCredit Bank logo: “water ring”, “Frisbee”, “cooler bag” or “beach matt”.

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