“Nobody loves commercial banks in poor countries, but there is nothing extraordinary in this reality”, Giorgi Kadagidze, the former president of National Bank of Georgia (NBG) said when commenting on the last statement by Finance Minister...
On October 9, 2017, Visa Free Regional Information Campaign “Europe is home” started with the organization NGO “Cida”. Campaign partners and supporters are: European Union, Open Society Foundations, Civil Society...
Liberty Bank held meetings at schools in three cities of Georgia: Zugdidi, Kutaisi and Ozurgeti in the frames of “Global Money Week”. The Bank’s regional branch managers presented students an interesting presentation aimed at...
BGEO Group PLC said Thursday that credit rating agency Moody’s Investors Service has upgraded the credit rating of unit JSC Bank of Georgia’s senior unsecured notes by two notches to Ba2. The outlook on the senior unsecured notes...
Consumer rights protection activists suggest bank clients to request a reference from a commercial bank on annulling the loan account after the loan agreement expiration. Otherwise, there are risks that personal information of bank clients may...
Minister of Finance Mamuka Bakhtadze has announced a new government initiative for shaping an alternative to expensive banking products. When talking about the new initiative, Minister of Finance Mamuka Bakhtadze said that the Georgian bank...
Loan interest rates have declined by about 5% over the past 5 years, TBC Bank director general Vakhtang Butskhrikidze said. Interest rates have declined on each type of loans. I am sure this dynamics will be continued”, Vakhtang Butskhrikidze...