Banks

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 second-best figure in the past ...

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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 ...

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 Goldman Sachs Group, Inc. on March 12 announced that Harvey Schwartz, the firm’s President and Co-Chief Operating Officer, has decided to retire effective April 20, ...