Banks

Tegeta Motors prepared to issue GEL 30 million bonds with the help of TBC Capital

The FINANCIAL -- The leading company in automotive products and services, Tegeta Motors Ltd., will issue over GEL 30,000,000 worth of bonds, which is the largest transaction to have occurred in the corporate lending segment of Lari so far in ...

UPDATED: TBC Bank’s statement

The FINANCIAL -- “TBC Bank has received a letter from the National Bank. Based on this letter, the chairman, as well as vice-chairman of the supervisory board are required to leave the board within ...

The bank that likes to say ‘yes’

The FINANCIAL -- The ‘Bank of Mum and Dad’ is now the UK’s sixth largest lender helping people to get on the housing ladder. However, research by LSE London for the Family Building Society ...

European Commission allocating 233 million EUR to Anaklia Project co-owned by TBC Holding

European Commission said it's allocating 233 million EUR to finance the second phase of the deepwater port of Anaklia, project owned by a consortium of TBC Holding. In addition, European Commission ...

UPDATED: NBG Ordered TBC Shareholders to Remove the Chairman of the Supervisory Board

The FINANCIAL -- National bank of Georgia has ordered TBC shareholders to remove the Chairman of the Supervisory Board, Mamuka Khazaradze and his deputy Badri Japaridze from the Supervisory Board. ...

BSTDB allocating EUR 50 million to support small and medium business in Turkey

The FINANCIAL -- The Black Sea Trade and Development Bank (BSTDB) will provide EUR 50 million long-term loan to the Development and Investment Bank of Turkey (TKYB- Turkiye Kalkınma ve Yatırım ...

EFSE and Bank of Georgia Group expand financing for MSEs

The FINANCIAL -- The European Fund for Southeast Europe (EFSE) has provided a senior loan of USD 10 million to the Bank of Georgia Group PLC (Bank of Georgia Group, or the Group) for on-lending to ...

TBC Bank presented a macroeconomic review

The FINANCIAL -- Following an initiative of TBC Bank, a presentation of its macroeconomic review was held at Holiday Inn. The presentation was led by TBC Bank's Chief Economist Otar Nadaraia, who ...

TBC Acquires Top Payment Platform of Uzbekistan – “PayMe”

The FINANCIAL -- TBC is entering Uzbekistan by purchasing the leading payment platform “Payme”. With this transaction, TBC is increasing its number of customers by 50% and will serve more than ...

Research by TBC Capital Estimates Tbilisi’s Real Estate Market Volume at GEL 4.1 Billion

The FINANCIAL --On 27th March the Ballroom of the Sheraton hosted the grand presentation of the real estate research conducted by TBC Capital, daughter brokerage company of the well-established ...

Fitch Rates Bank of Georgia's Upcoming Perpetual AT1 Notes 'B-(EXP)'

The FINANCIAL – Fitch Ratings has assigned Bank of Georgia's (BOG) upcoming issue of USD-denominated perpetual additional Tier 1 (AT1) notes an expected long-term rating of 'B-(EXP)'. The final ...

Fitch Upgrades Procredit Bank Georgia to 'BB+'; Outlook Stable

The FINANCIAL -- Fitch Ratings-Moscow/London-28 February 2019: Fitch Ratings has upgraded ProCredit Bank Georgia's (PCBG) Long-Term Issuer Default Ratings (IDRs) to 'BB+' from 'BB'. The Outlook is ...

TBC Bank Founding Partners at the Fiscal Committee Hearing

"Mamuka Khazaradze and Badri Japaridze, Founding Partners of TBC Bank JSC were heard at the Fiscal Committee of the Parliament today and everyone was given an opportunity to ask questions and seek ...

TBC Mobile Bank adds innovative new function – sound assistant

The FINANCIAL -- TBC’s mobile banking app has added Georgia’s first voice assistant to its programme. From now on, the transfer of money via mobile banking will be made possible with the help of ...

TBC Bank profit rises on lending growth , while shares reaches New 1-Year Low at $1,270.00

TBC Bank Group PLC (TBCG.LN) said Thursday that fourth-quarter profit rose strongly amid loan growth, according to ...

Khazaradze Leaves TBC Bank Supervisory Board Due to Pressure From NBG

Joint Statement of TBC Bank and NBG Over the last few days, we have had detailed discussions around events concerning TBC Bank. Regarding this, we would like to announce the following: Announcement ...

Danske Bank pulls out of Russia, Baltics after money-laundering backlash

Danske is under investigation in Denmark, Estonia, Britain and the United States over some 200 billion euros ($226 billion) in payments from Russia, ex-Soviet states and elsewhere that were found to ...

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Tegeta Motors prepared to issue GEL 30 million bonds with the help of TBC Capital

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UPDATED: TBC Bank’s statement

The bank that likes to say ‘yes’

European Commission allocating 233 million EUR to Anaklia Project co-owned by TBC Holding

UPDATED: NBG Ordered TBC Shareholders to Remove the Chairman of the Supervisory Board

BSTDB allocating EUR 50 million to support small and medium business in Turkey

EFSE and Bank of Georgia Group expand financing for MSEs

TBC Bank presented a macroeconomic review

TBC Acquires Top Payment Platform of Uzbekistan – “PayMe”

Research by TBC Capital Estimates Tbilisi’s Real Estate Market Volume at GEL 4.1 Billion

Fitch Rates Bank of Georgia's Upcoming Perpetual AT1 Notes 'B-(EXP)'

Fitch Upgrades Procredit Bank Georgia to 'BB+'; Outlook Stable

TBC Bank Founding Partners at the Fiscal Committee Hearing

TBC Mobile Bank adds innovative new function – sound assistant

TBC Bank profit rises on lending growth , while shares reaches New 1-Year Low at $1,270.00

Khazaradze Leaves TBC Bank Supervisory Board Due to Pressure From NBG

Danske Bank pulls out of Russia, Baltics after money-laundering backlash

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