Banks

The FINANCIAL -- The volume of lending by commercial banks (including loans to non-residents) in February 2018 increased by 49.8 million GEL or by 0.2 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 0.6 percent) and exceeded 21.9 billion GEL by March 1, ...

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The FINANCIAL -- The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on March 14, 2018 and decided to keep the refinancing rate unchanged at 7.25 ...

The FINANCIAL -- The total volume of non-bank deposits in the country's banking sector increased by 0.04 percent (exchange rate effect excluded volume of deposits increased by 0.5 percent), or by 7.4 ...

The FINANCIAL -- The major European banks have seen their revenues stabilise in 2017, and through further cost-cutting and improvements in asset quality, their profitability rebounded strongly to the ...

The FINANCIAL -- In February 2018, the volume of money transfers from abroad constituted 113.9 million USD (280.6 million GEL), which is 21.0 percent (19.8 million USD) more than the amount in ...