Caucasian business week 89

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BUSINESS WEEK WWW.CBW.GE caucasian business week www.facebook.com/CBW.ge Partner News Agency

March 2, 2015 #89

March 2, 2015, Issue 89

caucasian1 Nodar Khaduri: Oil sector is the biggest contributor to the economy

BE INFORMED, DO BUSINESS

GEORGIA

REAL GROWTH OF ECONOMY WILL BE WITHIN 2%

R

eportedly 5% forecast of economic growth will be reduced to 2% in this year and respectively, current budget will be corrected according to this index. Pg. 9

GEORGIAN WINE INVADES ASIAN MARKET

A

fter successfully delighting taste buds all over Europe, Georgian wine is continuing to make an impression around the world. Next destination – Asia. Pg. 9

“TBC BANK” OFFERS A CONCESSION TO CUSTOMERS AFFECTED BY LARI’S DEPRECIATION

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n this regard, “TBC Bank” released a statement which says that due to GEL fall, based on the systemic risk analysis the relevant changes were made to a new loan approval procedure as well as in terms of existing borrower requests. Pg. 11

LIBERTY: RATIO OF GELDENOMINATED CREDITS IS 91%, NO NEED TO CHANGE TERMS

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iberty Bank reports, that there is no need to change or review credit terms due to GEL devaluation, as 91% of the bank’s credit portfolio is denominated in GEL. Pg. 11

THE LOWEST TARIFFS AND 24 HOUR SERVICE – MINICREDIT PLASTIC CARD

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iniCredit has been providing fast and high-quality services for its clients since 2011. The company permanently cares for devoted clients and offers MiniCredit plastic cards to ensure their comfort. Pg. 10

Bidzina Ivanishvili: “NBG owns the leverage to ensure the Lari stability in the country. Considering all the objective factors today, the Lari exchange rate should not exceed 2.0 USD to 1 Lari” Pg. 6

Giorgi Kadagidze: “I want to reassure the population that there is no threat to country’s financial stability as long as I and my team are in charge of the central bank,”

Pg. 9

IVANISHVILI VS KADAGIDZE THE BILL TO EITHER CONSTRAIN OR DEVELOP MEDIA SECTOR

Pg. 5

Winners, Losers and Expected Outcomes of New AD Regulations

GEORGIA TOOK 75% OF TOTAL FOREIGN LOANS IN 2006 TO 2012

The Way UNM Used to Strengthen GEL and the Way Georgian Dream has Devaluated GEL

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he EU has asked the World Trade Organization (WTO) to help settle a dispute with Russia over “excessive import duties” on refrigerators, paper products and palm oil. Pg. 13

Azim Sadikov: Georgian Economy should Be Evaluated Pg. 4

Pg. 8

Pg. 5

FAST FOOD COSTS IN TBILISI

KFC the Most Pricey Fast Food Experience in Tbilisi

Pg. 7

Analytics

Pg. 9

Kakha Okriashvili: The monetary crisis will become stable by May

WORLD NEWS EU ASKS WTO TO HELP SETTLE IMPORT DUTIES DISPUTE WITH RUSSIA

Otar Danelia: Today Georgia Offers the most Attractive Environment for Investments Ever

Pg. 8

Vato Lezhava: Privatization of state property is a correct move amid the crisis Pg. 8

MyVideo.GE to Provide Free Broadcasting of 45 Georgian Channels on Internet TV Market Pg. 12

Pg. 4

Currency

Trading with Saxo Bank:

Stadiums and sports complexes

ACTIVE ENTERTAINMENT

“THE FINANCIAL WORLD IS ABOUT TO CHANGE. ACTIVE CLIENTS HAVE FOUND A WAY TO MULTIPLY THEIR EQUITY”

STRONG US DOLLAR HURTS GOLD PRICES


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