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
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.
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
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’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.
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 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.