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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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In 12 June, ,,Saba” award 5th anniversary ceremony took place at TBC Bank’s head office.
19.06.2007 12:44

A competent jury comprising of 7 persons revealed the best works and authors of the last year: Annual literary award “Saba” was established in 2003. The founders of the event are: TBC Bank, The Writers’ Association “Georgian Pen-Club” and the broadcasting company “Rustavi 2”.

Official exchange rate of GEL towards USD was strengthened by 0,0015 points
18.06.2007 16:55

On 11-15 June, 2007 the official exchange rate of GEL towards USD was strengthened on 0,0015 points. On Friday, 15th of June, on TICEX’s morning trade session 1USD was fixed on 1.6745 level. During this analyzing period the exchange rate of GEL towards USD on domestic currency exchange market was varied between 1.6700/1.6780 ranges.

TBC Bank has managed to raise a stunning $47 million fund
03.05.2007 19:32

TBC Bank has managed to raise a stunning $47 million fund from western capital markets. The transaction was achieved by the help of  JP Morgan, one of world’s largest banks, and counts as TBC’s biggest international deal ever.

Second International Conference-Exhibition Of Caucasus Countries “Banks And Finances” To Be held In Tbilisi
03.05.2007 16:13

The second International Conference-Exhibition of Caucasus countries “Banks And Finances” will   be held In Tbilisi “Sheraton Metehi Palace” on May 17-18.

“Bank Of Georgia” Started New Campaign On Deposit Accounts - “Cash-Back”
01.05.2007 20:39

“Bank of Georgia” started to conduct new campaign on deposit accounts- “Cash-back” staring from May 01 to May 26 inclusive. The camping envisages additional profit of two kinds- gift of “cash-back” and credit card “Orange card”.

Forum On ”Investment In Banking Sector Of Georgia” To Take Place In Tbilisi
01.05.2007 20:36

Forum on” Investment in banking sector of Georgia” organized by the Ministry of Economic Development of Georgia and National Investment Agency of Georgia, will take place in Tbilisi from May 31 to June 02 inclusive.

TICEX Assisted In Future Opening Of Computer Center In Avnevi Village In Georgia
24.04.2007 18:43

Tbilisi Interbank Currency Exchange (TICEX) granted a vehicle and used computer equipment to Avnevi village in Kornisi region (Georgian-Ossetian conflict zone).

Price On Shares Of “Bank Of Georgia” Fell By 40.01% At LSE
19.04.2007 17:49

The regularly scheduled trading with shares of “Bank of Georgia” (LSE: BGEO, GSE: GEB), was held at the London Stock Exchange (LSE) on April 18.

Securities Worth GEL 7 Million Sold At Auction Of NBG Certificates N95
19.04.2007 16:48

The National Bank of Georgia (NBG) held 91-day deposit certificates auction N95 on April 18.

JSC "People's Bank Of Georgia" And Public Registry Agency Offer Joint Product
11.04.2007 17:41

JSC "People's Bank of Georgia" and the Public Registry Agency offer a new product to clients.

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