Banks

ProCredit Bank Has Undergone Strategic Changes

The FINANCIAL-- ProCredit Bank Georgia has introduced a new service, called Direct Banking, intended for private individuals wishing to access banking services using digital sources. Customers are now able to remotely manage their own accounts, pay monthly fixed tariffs by carrying out desired bank transactions for free, and benefit from exclusive conditions such as loan products, mortgage loans, ...

Financial statements of the ECB for 2017

The FINANCIAL -- The European Central Bank’s (ECB’s) audited financial statements for 2017 show that the net profit increased by €82 million, to €1,275 million, mainly as a result of higher ...

NBG: Money Transfers In January

The FINANCIAL -- In January 2018, the volume of money transfers from abroad constituted 110.0 million USD (280.3 million GEL), which is 31.1 percent (26.1 million USD) more than the amount in January ...

Ministry Of Finance Of Georgia Treasury Bill Auction Results

The FINANCIAL -- On February 14, 2018, securities in the amount of GEL 20 000 000 with a maturity of 182-days were sold at the Ministry of Finance Treasury Bill ...

Wells Fargo’s Corporate Philanthropy Totals $286.5 Million for 2017

The FINANCIAL -- Wells Fargo & Company last year continued to invest in communities across the country through its philanthropy and volunteerism, donating more than $286.5 million in 2017 to more ...

Ministry Of Finance Of Georgia Treasury Note Auction Results

The FINANCIAL -- On February 14, 2018, GEL 40 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at ...

EBRD provides €6 million loan to PeopleCert

The FINANCIAL -- The EBRD is providing a €6 million loan to PeopleCert, a Greek company active in the global certification market. The funds will be used to finance the expansion of the company’s ...

Wells Fargo Board Refreshment Continues

The FINANCIAL -- In continuation of the board refreshment process begun in 2017, Wells Fargo & Company announced on March 1 that John S. Chen, Lloyd H. Dean, and Enrique Hernandez, Jr., currently ...

Visa Commits to 100% Renewable Electricity by End of 2019

The FINANCIAL -- Visa on February 28 announced its commitment to use 100 percent renewable electricity across its global operations by the end of ...

Current Condition Of Commercial Banks Loan Portfolio

The FINANCIAL -- The volume of lending by commercial banks (including loans to non-residents) in January 2018 increased by 103.0 million GEL or by 0.5 percent compared to the previous month (exchange ...

Current Tendencies Of Bank Deposits

The FINANCIAL -- The total volume of non-bank deposits in the country's banking sector decreased by 3.2 percent (exchange rate effect excluded volume of deposits decreased by 0.8 percent), or by ...

Visa Expands Global Network of Partners to Promote Contactless Payments in Public Transportation

The FINANCIAL -- Visa on February 27 announced it has signed 14 new technology companies, from across 10 countries, as part of its Visa Ready for Transit ...

Barclays launches £370m lending fund for Midlands SMEs to boost jobs and growth

The FINANCIAL -- Small and medium-sized businesses across the East and West Midlands received a welcome boost today, as Barclays launched a new £370m lending fund to boost jobs and economic ...

Current Condition Of Commercial Banks' Assets

The FINANCIAL -- As of February 1, 2018, the banking sector in Georgia is represented by 16 commercial banks, including 15 foreign-controlled ...

Visa Brings CyberSource Token Management Service to Clients Globally

The FINANCIAL -- Visa on February 22 introduced Token Management Service, a solution designed to unify management and secure customer payment ...

HSBC Germany increases revenues and paves the way for further growth

The FINANCIAL -- The HSBC Trinkaus & Burkhardt Group continued to grow in the 2017 financial year, gaining further market shares in the competitive German banking ...

Ministry Of Finance Of Georgia Treasury Note Auction Results

The FINANCIAL -- On February 21, 2018, GEL 30 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at ...

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ProCredit Bank Has Undergone Strategic Changes

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Financial statements of the ECB for 2017

NBG: Money Transfers In January

Ministry Of Finance Of Georgia Treasury Bill Auction Results

Wells Fargo’s Corporate Philanthropy Totals $286.5 Million for 2017

Ministry Of Finance Of Georgia Treasury Note Auction Results

EBRD provides €6 million loan to PeopleCert

Wells Fargo Board Refreshment Continues

Visa Commits to 100% Renewable Electricity by End of 2019

Current Condition Of Commercial Banks Loan Portfolio

Current Tendencies Of Bank Deposits

Visa Expands Global Network of Partners to Promote Contactless Payments in Public Transportation

Barclays launches £370m lending fund for Midlands SMEs to boost jobs and growth

Current Condition Of Commercial Banks' Assets

Visa Brings CyberSource Token Management Service to Clients Globally

HSBC Germany increases revenues and paves the way for further growth

Ministry Of Finance Of Georgia Treasury Note Auction Results

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