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Special Report

January 16, 2017

Previous Issues:  Days: < 28 10 16 31 17 > 

 

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economics

    GEORGIAN BANKING SECTOR OVERVIEW – Q3 2016

    by Irina Gevorgyan, Director of KPMG Georgia

    GENERAL HIGHLIGHTS

    - In September 2016, more than 60% of the Georgian Banking sector was traded under the Premium Listing on the London Stock Exchange.

    - In September 2016, TBC Bank Group PLC announced that, together with its subsidiary, JSC TBC Bank, it had entered into a definitive agreement with Societe Generale SA to acquire its 93.64% stake in its Georgian subsidiary, JSC Bank Republic for GEL 315 million.


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