Mamuka Khazaradze. TBILISI, DFWatch--The confrontation between Georgia’s biggest private financial institution and the government grew worse on Thursday as the National Bank sanctioned two of the key persons in TBC Bank. The National Bank of Georgia issued a statement on Thursday which orders to suspend the signature rights of Mamuka Khazaradze and Badri Japaridze, [...]
Koba Gvenetadze. (Interpressnews.) TBILISI, DFWatch–Georgia’s president has appointed a new head of the National Bank (NBG). The appointment was signed by President Giorgi Margvelashvili on Thursday. Outgoing NBG head Giorgi Kadagidze will be replaced Koba Gvenetadze, a former politician […]
(National Bank of Georgia.) TBILISI, DFWatch–The National Bank of Georgia has issued a new anniversary coin in connection with the national currency’s 20 years of existence. The nominal value of the new collector’s item is 20 laris, and it was manufactured by Mennica Polska in Poland. […]
(National Bank.) TBILISI, DFWatch–The National Bank of Georgia is increasing the refinancing rate because of an expected increase in inflation, which means that loans for a certain category of clients will get more expensive. The explanation given for the National […]
Committee head Vakhtang Khmaladze. (Interpressnews.) TBILISI, DFWatch–The Georgian parliament’s judiciary committee agree with the president about a proposed bill to strip away the bank supervisory function from the National Bank, claiming that it violates the constitution. Committee chair Vakhtang Khmaladze said on Friday […]
President Giorgi Margvelashvili. (Interpressnews.) TBILISI, DFWatch–For at least the second time, the situation between the Georgian parliament and the president has become tense. Now the president plans to veto an initiative concerning the president of the National Bank. Since the president and non-governmental […]
President Giorgi Margvelashvili. (Interpressnews.) TBILISI, DFWatch–The president is starting consultations to find a new head of the National Bank of Georgia (NBG). Current NBG head Giorgi Kadagidze was appointed during Saakashvili’s presidency for a seven years term which expires in February, 2016. According […]
