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Updated: 1 hour 38 min ago

The IMF: we have never advocated for the threshold on Lari lending

Fri, 02/15/2019 - 18:36
Tbilisi (GBC) – “When lending is restricted, it is reasonable to expect that domestic demand will also be contained and GDP growth rate will not be as high as otherwise”, - said Mr. Francois Painchaud, Resident Representative of the International Monetary Fund of Georgia (IMF). “Imposition of the credit regulation, was expected to lead to the reduction of lending - “We expected the reduction, we acknowledged it, now we need to observe the trends in demand and make corresponding further steps”.

All Should be Ready- the Government Announces Alienation of State Real Estate

Fri, 02/15/2019 - 17:30
Tbilisi (GBC) - The state announces privatization plan of the real estates, which are on its balance.

The Volume of Money transfers is Increased

Fri, 02/15/2019 - 17:01
Tbilisi (GBC) – The volume of remittances is increased in the country within January.

Mr. Francois Painchaud: foreign exchange reserves of Georgia got closer to the IMF metrics

Fri, 02/15/2019 - 17:00
Tbilisi (GBC) – We told to create more reserves, - Resident Representative of the International Monetary Fund of Georgia (IMF) claims on approaching the country’s reserves to the IMF’s criteria, but notes that the index is variable envisaging the various components.

The Minister: MGM TEX confirms that Georgia is competitive compared to other countries

Fri, 02/15/2019 - 16:28
Tbilisi (GBC) - We should be ready and do everything to open plants of this type, - Minister of Economy declared while visiting the textile enterprise MGM TEX.

Resident Representative of the IMF responds to TBC’s Case

Fri, 02/15/2019 - 14:53
Tbilisi (GBC) – Resident Representative of the International Monetary Fund of Georgia (IMF) assesses the developments around TBC Bank.

GHG Announced on Receive of 850 MLN in 2018

Fri, 02/15/2019 - 14:42
Tbilisi (GBC) – Georgian Healthcare Group (GHG) has announced on the successful finish of 2018.

Gakharia: I did not talk with Mamuka Khazaradze on giving up shares

Fri, 02/15/2019 - 14:41
Tbilisi (GBC) - I did not talk with Mamuka Khazaradze on giving up shares, - The Minister of Internal Affairs responds to the opposition.

The Association: Regulator’s decision will not have an impact on TBC’s development

Fri, 02/15/2019 - 14:39
Tbilisi (GBC) - The Association of Banks of Georgia released statement that decision of the National Bank will not affect TBC Bank's future development and its strategy.

Financially Difficult Year - British American Tobacco Published the First Financial Report

Fri, 02/15/2019 - 14:38
Tbilisi (GBC) – Tobacco Producer Global Company has published the first financial statement in Georgia.

Mamuka Khazaradze: We will not give up our work, our freedom, our dignity

Fri, 02/15/2019 - 14:37
Tbilisi (GBC) - We will not give up our work, our freedom, our dignity, - founder of TBC Bank is not going to retreat.

TBC: the Bank will use all available resources to protect the interests of the Bank and its Shareholders

Thu, 02/14/2019 - 19:19
Tbilisi (GBC) - TBC Bank responds to the National Bank of Georgia for requesting withdrawal of Mamuka Khazaradze and Badri Japaridze from Supervisory Board.

NBG Requested to Withdraw Mamuka Khazaradze and Badri Japaridze from TBC’s Board

Thu, 02/14/2019 - 19:18
Tbilisi (GBC) – The National Bank of Georgia (NBG) requests to withdraw Mamuka Khazaradze and Badri Japaridze from the Supervisory Board of TBC Bank.

Free Trade Agreement between Georgia and Hong Kong has Become Effective

Thu, 02/14/2019 - 18:37
Tbilisi (GBC) - Free Trade Agreement between Georgia and Hong Kong became effective from February 13 this year.

Transaction of 3 MLN were Made on the Bonds of Real Estate Companies

Thu, 02/14/2019 - 18:37
Tbilisi (GBC) - A big demand is fixed on the bonds of real estate companies.

Condoleezza Rice Hosted TBC Group and Representatives of SSA Marine in Stanford

Thu, 02/14/2019 - 17:06
Tbilisi (GBC) – The role of Anaklia Port and TBC Bank in the region, - Condoleezza Rice, former United States Secretary hosted TBC Group and Representatives of SSA Marine in Stanford.

Restriction of 200 000 GEL Does not Have an Effect on ProCredit Bank’s Portfolio Yet

Thu, 02/14/2019 - 15:02
Tbilisi (GBC) – ProCredit Bank received revenue of 2 million in January, 2019, the figure is 43% less comparing to the last year (01/2018 – 3.535 mln).

Over 624 000 Persons Visited Georgian on a Business Trip

Thu, 02/14/2019 - 15:01
Tbilisi (GBC) – Most of the visits, 42.7% has been made for leisure, entertainment and recreation purpose.

Crypto Miners are Carrying out more Attacks on Users

Thu, 02/14/2019 - 15:00
Tbilisi (GBC) – Crypto miners are carrying out more attacks on users.

How Much Does the Visit in Georgia Cost? – Sakstat Counted Tourists’ Expenditures

Thu, 02/14/2019 - 14:57
Tbilisi (GBC) - The expenditures during the visits made in 2018 equaled to 7.9 billion GEL.