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The group's subsidiaries also include investment bank Galt & Taggart, Belarusian bank Belarusky Narodny Bank and other small companies in banking, payment and non-banking sectors. [ 9 ] Bank of Georgia Group is listed on the premium segment of the main market of the London Stock Exchange [ 10 ] and is a constituent of the FTSE 250 Index .
Rank Name HQ # branches Assets Apr 2022 million GEL Assets Apr 2022 million USD SWIFT 1: TBC Bank [4]: Tbilisi: 159: 23,862: 7,862: TBCBGE22 2: Bank of Georgia [5]: Tbilisi
In 1906, Lane and his associates purchased Southern Bank of Georgia enabling them to merge the two banks as the new C&S Bank. [4] The newly merged banks were officially named the Citizens and Southern Bank of Georgia. In 1922 Citizens and Southern absorbed Central Bank and Trust Corp., the bank founded by Coca-Cola co-founder Asa Griggs Candler ...
The utility of branches experienced another blow during the pandemic as lockdowns forced people to do all of their banking online. More than 2,400 branches closed in 2021, the most since the 2008 ...
1. The National Bank of Georgia shall ensure the functioning of the monetary system of Georgia to provide the price stability and supports the financial sector's efficient functioning; 2. The National Bank is the bank of all banks, and the banker and fiscal agent of the Georgian Government. 3. The National Bank shall be independent in its ...
The bank's statutory capital increased by AMD 6,639,680,000. In February 2018, the Asian Development Bank (ADB) acquired a stake in the bank's statutory capital. The bank's statutory capital increased by AMD 5,213,120,000. In February 2024, management of Ameriabank signed an agreement about its acquisition by the Bank of Georgia. That has to be ...