Remittances to Georgia from abroad hit $298.1 million in July, with the figure including $128.34 million sent from EU member countries, the Georgian National Bank said. Transfers from EU states constituted 43.05% of the total volume, …
100 Lari banknotes with a fundamentally new feature will go into circulation in Georgia soon. For the first time in history, they will not have the signature of the National Bank's president.
The Georgian National Bank decided to keep the refinancing rate unchanged at 8% as inflation in the country remained below the target …
The national currency of Georgia continued to depreciate despite the efforts of the National Bank of the Republic, which sold about $60 million at a foreign exchange auction today.
Armenia's Ameriabank has announced the completion of the transaction for its purchase by the Bank of Georgia Group and a change of shareholders. The Armenian bank says on its website that its new shareholders are Bank of Georgia …
The National Bank of Georgia will issue a commemorative coin in honor of the football team's participation in Euro 2024. The design of the coin has not yet been determined.
The National Bank of Georgia said it was continuing its exit from a tight monetary policy by reducing the refinancing rate by 0.75 percentage points, down to 8.25%. The Bank said both domestic and external factors had contributed to …
In Georgia, the refinancing rate is being reduced for the 2nd month in a row. Late last year, it was lowered to 9.5%
The Monetary Policy Committee of Georgia's National Bank decreased the refinancing rate by 0.5%, to 9.5%, following a “more pronounced” reduction in the domestic inflation rate than anticipated. The National Bank …
Georgia's National Bank (NGB) said it would start issuing gold certificates and selling gold bars starting on December 4 in order to diversify the investment market and assets. The Royal Mint, the United Kingdom's official maker …
The National Bank of Georgia expects that the first microbank in the country will begin operating in the near future. The license for such banks in the republic was introduced last summer.
The National Bank of Georgia decided to lower the refinancing rate to 10% from 10.25% on September 13, the bank said in a press …
The leadership of the National Bank of Georgia met with the representative of the IMF
Georgia's National Bank decreased the refinancing rate by 0.25 percentage points to 10.25% after monitoring developments in the domestic economy and financial markets. The bank said annual inflation had dropped to …
The Council of Georgia's National Bank elected the former Economy Minister Natia Turnava as the First Vice-President of the Bank with the …
The National Bank of Georgia announced a “gradual exit” from its tight monetary policy, as it decreased the …
Georgia's National Bank has announced an open international tender for the procurement of an Instant Payment System (IPS), to be implemented in compliance with the procurement procedures of the World Bank. All payment system …
The biggest risk to the Georgian banking system at present is dollarization, the head of the National Bank of Georgia Koba Gvenetadze said. According to him, this opinion is shared not only by him, but by independent agencies and …
Commercial banks and card processing systems operating in Georgia are not in cooperation with the Russian payment system Mir, the National Bank of Georgia said. Operations in the Mir platform do not concern the Georgian financial …
The National Bank of Georgia has increased the refinancing rate by 0.5 percentage points to 9% today. The annual inflation in November reached 7%, which was mainly influenced by the depreciation of the Georgian lari, the bank …
