At the Radisson BLU Iveria Hotel, ProCredit Bank, Georgia announced changes in its management team. Ms. Maya Meredova, Director of the bank since 2007, will replace Mr. Philipp Pott, who has served as General Director for the past four years.
In 2008 EBRD has enhanced its successful relationship with Basis Bank by acquiring 15% equity stake in the Bank in order to contribute in the further development and institutional building.
By the initiative of the National Bank of Georgia a meeting between the National Bank authorities and economic experts was held in Tbilisi Marriott in 20 July.
Sergiy Tigipko Deputy Prime Minister of Ukraine met the President of the National Bank of Georgia, Giorgi Kadagidze while visiting Georgia. The guest was introduced to new reforms implemented in the National bank of Georgia and new instruments offered to banking sector.
Campaign has started at Iashvili Children Hospital (Lubliana street 2/6, Digomi). This is the part of most critical assistance programs implemented by BR. Bank management said the most important is to care for, help and save the lives of the children.
Bank of Georgia said it has set up a direct account with Euroclear Bank, the international central securities depository of the Euroclear group and the leading clearance and settlement system for internationally traded securities.
As of June 1, 2010, the loan portfolio of the Azerbaijani non-bank credit organization TBC Kredit increased by 10 percent compared to the early 2010 and by $0.5 million compared to the data of the previous month, the company said.
The FINANCIAL -- Bank of Georgia , one of the leading banks in Georgia starts issuing OneCard Visa Infinite cards exclusively for its Wealth Management clients.
At the meeting arranged between the bank management and Bryan Nielsen there were discussed the results of the activities conducted by the consultants within past 3 months.
HSBC ’s new branch has opened on May 15 on Pekini Street. The new branch offers a full range of retail and commercial products and services to its customers.
On February 20, Bank Republic celebrated the opening of new branch at 37 Vakhtang Gorgasali street, Ortachala, Tbilisi. Bank Republic, Societe Generale Group, pursues its extension goals and opens the new branch each month.
ProCredit Bank continues to expand the branch network both in Tbilisi and the regions of Georgia. On December 26, the bank opened its first branch in the city of Borjomi.