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Bank of Georgia gained a premium listing on the London Stock Exchange in April 2012. On 15 June 2012 Bank of Georgia joined the FTSE 250 Index. In 2014, Bank of Georgia acquired Tao Private Bank, the 9th largest bank in Georgia at the time of acquisition. In 2018, the Bank of Georgia issued Eurobonds denominated in GEL 500 million.
The Bank raised $239m at IPO, giving it a market value of $640m. TBC Bank IPO was also the largest IPO from Georgia and the largest international off-index IPO from the EMEA region. In January 2019, the bank announced that it was being investigated by the National Bank of Georgia over the legality of certain transactions entered into in 2007 ...
Rank Name HQ # branches Assets Apr 2022 million GEL Assets Apr 2022 million USD SWIFT 1: TBC Bank: Tbilisi: 159: 23,862: 7,862: TBCBGE22 2: Bank of Georgia: Tbilisi
The Georgia Railroad and Banking Company (reporting mark GA) also seen as "GARR", was a historic railroad and banking company that operated in the U.S. state of Georgia.In 1967 it reported 833 million revenue-ton-miles of freight and 3 million passenger-miles; at the end of the year it operated 331 miles (533 km) of road and 510 miles (820 km) of track.
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 activities.
The economy of Georgia is an emerging free market economy. Its gross domestic product fell sharply following the dissolution of the Soviet Union but recovered in the mid-2000s, growing in double digits thanks to the economic and democratic reforms brought by the peaceful Rose Revolution. Georgia continued its economic progress since, "moving ...
With regard to the financial market reaction to the Russo-Georgian War, Agence France-Presse reported on 19 September 2008 that unidentified analysts believed that Russian stock exchange decline in August and September 2008, were attributed to "a mix of falling energy prices, global market turmoil and political issues including worries over the ...
It was created by the "Joint Stock Company Georgian Stock Exchange Charter" which was registered and approved in 1999. It is located in the capital city of Tbilisi and its abbreviation in English is GeSE. The Georgian Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges. See also. Economy of Georgia; List of stock exchanges