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National Bank of Georgia. The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri (თეთრი). The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC.
Tetri ( Georgian: თეთრი) is a fractional currency used in the country of Georgia. It was put into circulation in 1995. The name tetri ("white") was adopted from the term describing golden, silver or copper coins known in ancient and medieval Georgia. The plural of the term "tetri" is "tetrebi." However, the Georgian language uses the ...
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 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 ...
The maneti (Georgian: მანეთი) was the currency of the Democratic Republic of Georgia and the Georgian Soviet Socialist Republic between 1919 and 1923. It replaced the first Transcaucasian rouble at par and was subdivided into 100 kopecks (კაპეიკი k’ap’eik’i). It was replaced by the second Transcaucasian rouble ...
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
On 15 June 2012 Bank of Georgia joined the FTSE 250 Index. [21] In 2014, Bank of Georgia acquired Tao Private Bank, the 9th largest bank in Georgia at the time of acquisition. [22] In 2018, the Bank of Georgia issued Eurobonds denominated in GEL 500 million. This was the first time a Georgian company placed international bonds in local currency ...
Vice President Harris on Wednesday went off script at a rally in New Hampshire to condemn gun violence following a shooting at a Georgia high school earlier that day. Harris called the shooting a ...