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politics
THE EU TO START IN GEORGIA SECURITY PROGRAMS
Referring to the EU ambassador in Georgia Janos Herman, administration of the Georgian government reported that the EU will start in Georgia security programs too. According to the administration, Herman declared the mentioned at the meeting with Georgia’s Prime Minister Mamuka Bakhtadze today.
RENEWED COMPOSITION OF THE GOVERNMENT TO BE ANNOUNCED ON JULY 12
Georgia’s Premier Minister Mamuka Bakhtadze said that “final consultations” on the Cabinet will be held with the Parliament’s majority today. On July 12 (at 9:00), “I will present already renewed Cabinet” (10 ministers and 1 state minister), he declared.
economics
NBG BOUGHT DOLLARS AGAIN
National Bank of Georgia (NBG) declared about purchase of $10 million at the currency auction today. As NBG said, average weighted rate made up 2.4405 GEL/USD.
GEORGIAN APPELLATIONS’ LIST IS ADDED BY “SAPERAVI KHASHMI”
Georgian National Wine Agency reported about add of Saperavi Khashmi to list of Georgian appellations. This dry red wine is produced in Khashmi micro-zone, located in Sagarejo municipality of Kakheti region.
business
IN Q1, PROFIT OF “LIBERTY BANK” INCREASED BY 54% Y-O-Y
Liberty Bank reported net profit of 14.97 million lari for the 1st quarter. If compared with the same period of 2017, the volume has increased by 54%.
IN Q4 OF 2017, PROFIT OF “VTB BANK GEORGIA” DECREASED BY 11.3% Y-O-Y
VTB Bank Georgia reported net profit of 9.07 million lari for the 1st quarter. If compared with the same period of 2017, the volume has decreased by 11.3%.
IN Q1, PROFIT OF “PROCREDIT BANK” INCREASED Y-O-Y 2.4 TIMES, BUT THE BANK CONTINUES TO SHRINK
ProCredit Bank reported net profit of 8.14 million lari for the 1st quarter. If compared with the same period of 2017, the volume has increased 2.4 times.
“CARTU” BANK FINISHED Q1 WITH LOSS
Cartu bank reported loss of 1.02 million lari for the 1st quarter. In the same period of 2017, the bank had profit of 5.39 million lari.
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Dear readers,
We are leaving for Easter holidays. We will resume our news updates on May 9.
Sincerely,
Sarke Information Agency |
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