The FINANCIAL -- The total volume of non-bank deposits in the country's banking sector decreased by 1.2 percent (exchange rate effect excluded volume of deposits increased by 0.6 percent), or by 148.0 million GEL, compared to June 1, 2015 and constituted 12.6 billion GEL by July 1, 2015. In June 2015, the volume of term deposits decreased by 193.0 million GEL (or by 2.5 percent). Demand deposits ...

The FINANCIAL -- Bank of Georgia is doubling the budget of its social responsibility project Fund of Future for 2014. GEL 2.3 million will be issued for the purpose of carrying out all of its social ...

The FINANCIAL -- Thanks to an initiative by the National Bank of Georgia, a new service is now available in the Georgian banking system: the electronic signature. ...

The FINANCIAL -- As of July 1 2015, the banking sector in Georgia is represented by 19 commercial banks, including 16 foreign-controlled banks and two branches of non-resident banks. Compared to the ...

The FINANCIAL -- ProCredit Bank has recently added convenient new drop-boxes to its 24/7 Zones. The boxes enable our clients to deposit money into their current accounts quickly and safely, and the ...

The FINANCIAL -- The new VTB Bank (Georgia) Savings’ Card is the best tool for easy saving and free disposal of your savings. The Savings’ Card has two distinctive features – on one hand it is ...

The FINANCIAL -- With GEL 200,000 Bank of Georgia has launched a startup business investment project - VEGA Startup Lab. Applicants with creative business ideas who are selected for the project will ...

The FINANCIAL -- Increasing activity on the lending market is predicted to be one of the main challenges for the Georgian banking sector this year. ...