Tag: NBG

National Bank of Georgia released statement on exchange rate of GEL
NBG Resolution Committee to be established
NBG – Consumer credits keep reducing, mortgage loans - increasing
TBC Bank to pay GEL 1 million, requested by the NBG
Francois Painchaud comments about TBC Bank case
NBG suspends right of documents’ signing to two executives of TBC Bank
NBG purchases USD 20 million
Reserves of NBG are at historic maximum
NBG – Institutions issuing credits are trying to evade requirements of law
Issuance of credits up to 200 thousand GEL to be possible only in national currency
NBG penalizes TBC Bank with 1 million GEL
NBG reserves at historic maximum
NBG – Investigation into TBC Bank case will not affect sustainable working of banking sector
Registration deadline extended for credits issuing organizations at NBG
NBG purchases USD 15 million
Activation of Banking Regulations postponed till January 1
NBG – Presidential elections period negatively affects exchange rate of GEL
Regulations on issuance of loans to physical persons to be activated no later than November 15
Bank regulations, planned to be activated starting November 1, adjourned
Murtaz Kikoria – There are no preconditions for sustainable devaluation of Lari