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Fitch Improves Procredit Bank Georgia's Outlook
Banking Posted November 23, 2018 by admin |10

Fitch Improves Procredit Bank Georgia's Outlook

Fitch Ratings imporved Procredit Bank Georgia’s outlook. The Rating Agency revised Procredit Bank Georgia’s Outlook to Positive from Stable. The revision of the Outlook to Positive follows the revision of the Outlook on...

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GPI Holding Emerges as Market Leader in terms of Insurance Premium
Banking Posted November 23, 2018 by admin |6

GPI Holding Emerges as Market Leader in terms of Insurance Premium

GPI Holding is the market leader in terms of insurance premium generated. In 2017 the company received revenues of 102 million GEL. Aldagi insurance company is second with 90 million GEL insurance premium, Imedi L is third with 51 million GEL...

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Shota Machavariani to Head VTB Bank's Marketing and PR Service
Banking Posted November 23, 2018 by admin |41

Shota Machavariani to Head VTB Bank's Marketing and PR Service

Shota Machavariani has been appointed as a head of marketing and PR office at VTB Bank. Before, has has worked for the New York office of the Abu Dhabi major private investment foundation, Marketer.ge reports. Shota Machavariani: “I had...

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TBC Upgrades Auto Park with Eco-friendly Cars
Banking Posted November 23, 2018 by admin |9

TBC Upgrades Auto Park with Eco-friendly Cars

Automobiles will be gradually replaced by Eco cars at TBC Bank auto park. The process of replacement of old cars with hybrid-type automobiles and electric motors has already begun and at the first stage 35 vehicles have been replaced. Thanks...

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Liberty Bank Joined Information Campaign on Visa-free Travel – Europe is Home
Banking Posted November 23, 2018 by admin |12

Liberty Bank Joined Information Campaign on Visa-free Travel – Europe is Home

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...

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Moody's Upgrades Rating Of Bank of Georgia's Senior Notes
Banking Posted November 23, 2018 by admin |7

Moody's Upgrades Rating Of Bank of Georgia's Senior Notes

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...

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Finance Minister: Banking System should Drive Economy, not Destroy It
Banking Posted November 23, 2018 by admin |9

Finance Minister: Banking System should Drive Economy, not Destroy It

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...

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