There are a few banks in Georgia – only 15, of which 14 with foreign capital and 1 with Georgian capital. This number of financial institutions is quite enough for servicing of all companies and natural persons in the country. Positive sides of the Georgian bank system are its stability and profitability. For several years […]
Popularity of Georgia as a country for keeping money had greatly increased for the last 2 years because banks of Baltic countries had tightened the policy on non-residents. Georgian banks had arouse particular interest in citizens of neighbor countries and CIS who earlier had personal accounts in banks of Latvia, Lithuania and Estonia. Due to […]
A very important thing about Georgia is the stability of its banking system. This factor plays a key role in attracting foreign investors and making them deposit their money in Georgian banks. TBC Bank is the leading bank in Georgia. It was established in December 1992 in the capital city of Tbilisi. TBC Bank is […]
A premium service package will give access to a larger spectrum of bank services that the client can use with improved efficiency. Both local citizens and non-residents can open a personal account in the Bank of Georgia with the SOLO service package. Non-residents will be especially interested in receiving high quality bank services as those […]
Bank of Georgia is the second largest bank in Georgia. It was established in Tbilisi as far back as 1903. Today this financial institution holds 34.4% of the total assets the Georgian banking system has. Besides, it holds 32.4% of the overall loan portfolio and 33.9% of all deposits. The Bank of Georgia is a […]
Free industrial zones (FIZ) in Georgia are territories where legal entities may lead business and significantly reduce tax expenses. Companies registered in FIZ are exempted from payment of taxes: on income, on dividends, VAT, and on property. The Free industrial zone Kutaisi is located within the territory of the former automobile factory and is equipped […]