The FINANCIAL -- In March 2012, the volume of money transfers from abroad constituted 108.1 million USD (or 178.7 million GEL), which is 5.4 million USD (or 9.2 million GEL), or 5.2 percent more than the same amount for March 2011.

The FINANCIAL -- For the first time in Georgia, TBC Bank will offer its clients the most comfortable distance banking service – special versions of mobile banking for iPhones and Androids in May, 2012.

The FINANCIAL -- The agreement about credit line apportion was signed between BasisBank and the Black Sea Trade and Development Bank on 2nd April.

The FINANCIAL -- Being a universal banking institution, quickly and flexibly reacting to the needs of its business clients by offering them a variety of credit facilities, Bank Republic has interesting news for this important sector of the economy: on April 6, the bank starts a micro and small business loan promotion countrywide.

The FINANCIAL -- On April 5, 2012, Bank Republic participated in the profession and education fair hosted by the French School of Caucasus.

The FINANCIAL -- The Black Sea Trade and Development Bank (BSTDB) will provide Basisbank, Georgia with a USD 4 million short-term revolving trade finance facility to support exporters and importers in Georgia.

The FINANCIAL -- 2011 was another successful year for ProCredit Bank Georgia. The bank maintained its strong market position and continued to provide banking services both to businesses and private households in a responsible manner.

The FINANCIAL -- 2011 will be viewed as a good year for most Georgian banks and the sector as a whole. During 2011 total assets increased by $1 billion (18%) and profits by $83 million (104%), while loan provisions decreased by $11 million (3%).