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Updated: 1 hour 56 min ago

Liberty Bank Still Suspended Issuance of Instant Loans

Fri, 10/19/2018 - 14:57
Tbilisi (GBC) – Liberty Bank reduced the rate by 48% to the instant borrowers.

ProCredit Bank’s Deposit Portfolio is More Growing comparing to Credit Portfolio

Fri, 10/19/2018 - 14:52
Tbilisi (GBC) – ProCredit Bank finished Q3 with a profit of 22.2 million GEL (Q2/2018- 15.57 mln; +46.6% q-o-q).

Major Part of Trade Cargo is Transported by the Road

Fri, 10/19/2018 - 14:27
Tbilisi (GBC) - Georgia carries out foreign trade mainly through automobile and marine routes.

Banks Received Revenue of 90 million GEL in September

Fri, 10/19/2018 - 14:25
Tbilisi (GBC) – Banking sector’s net profit achieved 90 million GEL. The figure was 71 million GEL last September (+26.7% y-o-y).

Mercedes Vera-Martin: Georgia’s resilience to external shocks is increased

Fri, 10/19/2018 - 14:24
Tbilisi (GBC) - Georgia’s resilience to external shocks is increased, - Mercedes Vera-Martin, head of the IMF mission says, but does not excludes that negative waves from emerging markets might catch up with Georgia.

What do we sell and buy with Turkey?

Fri, 10/19/2018 - 14:22
Tbilisi (GBC) - Turkey remains the main trading partner of Georgia with growing trade turnover.

Re-export of Auto Mobiles is Doubled

Fri, 10/19/2018 - 14:22
Tbilisi (GBC) – Re-export of auto mobiles increased by 87%.

The PPI Increased by 5.5%

Fri, 10/19/2018 - 14:20
Tbilisi (GBC) - In September the Producer Price Index (PPI) for Industrial Products increased by 0.9 percent over August 2018 and by 5.5 percent compared to September 2017.

22% of Georgia’s Export accounts for the EU, while 47.5% - the CIS

Fri, 10/19/2018 - 14:19
Tbilisi (GBC) – 21.8% of Georgia’s export accounts for the EU, while 47% - the CIS.

Research of Gas Supplies Started at 5000 meters Depth in Georgia

Fri, 10/19/2018 - 14:17
Tbilisi (GBC) - Schlumberger Rustaveli Company launched gas research operations in Georgia

Gvenetadze: evaluation of the business over new regulations is extremely pessimistic

Thu, 10/18/2018 - 17:49
Tbilisi (GBC) – “I ask everyone, associations, journalists do not look at the regulations in a narrow perspective”, - new regulations will slow down economic growth by 3% or by 0.6%, the president of the NBG did not responded to our request.

Giorgi Chogovadze: no additional tax is planned for renting of apartments

Thu, 10/18/2018 - 17:26
Tbilisi (GBC) - The head of the National Tourism Administration denies plans for establishment additional tax on renting of apartments.

Liberty Bank Returned in the Billionaire Club

Thu, 10/18/2018 - 17:25
Tbilisi (GBC) – Lending increased by 0.5 billion to the banking sector in September and amounted to 25 million GEL (01.09.2018 – 24.2 billion).

Berdzenishvili: tourism might fail so that we even cannot explain the reason

Thu, 10/18/2018 - 17:24
Tbilisi (GBC) – Another example of how fragmented and easily sees the state tourism development, - Mamuka Berdzenishvili, founder of the Tourism Institute said about Giorgi Chogovadze's statement, which envisages possible taxation of persons who rent apartments on the Airbnb.

Georgian Tourists Spent 152 MLN GEL abroad in September

Thu, 10/18/2018 - 17:15
Tbilisi (GBC) – Georgian tourists spent 152 million GEL (58.5 million USD) abroad (exchange rate – 1 USD/2.62 GEL). Transactions are increased comparing to the same period of the previous year, but merely by 10 million USD (09/2017 – 117.147; exchange rate: 1 USD/2.46 GEL).

Smart Traffic Lights in Tbilisi to Pass Buses Initially and then Cars

Thu, 10/18/2018 - 14:58
Tbilisi (GBC) - Smart Traffic Lights in Tbilisi will give advantage to the municipal transport, - Mamuka Mumladze, Head of City Transport Department stated about it at press conference held in media holding "Kvira".

Construction of Nenskra HPP Project will be renewed in November

Thu, 10/18/2018 - 14:34
Tbilisi (GBC) - Nenskra Hydroelectric Project Implementation Company - JSC "Nenskra Hydro" will resume works in the village of Chuberi in Mestia municipality. Works were suspended early in 2018.

Davit Tvalabeishvili Became The head of GSE

Thu, 10/18/2018 - 14:33
Tbilisi (GBC) - David Tvalabeishvili became the Head of "Georgian State Electrosystem".

BioJuice to Process 15 000 t Apples

Thu, 10/18/2018 - 14:20
Tbilisi (GBC) – Harvesting of apple is in an active phase.

MyWay Airlines Has a New Majoritarian Shareholder

Thu, 10/18/2018 - 13:23
Tbilisi (GBC) – Air company MayWay Airlines, founded with Chinese capital, has a new majoritarian shareholder.