The News in Brief
Tuesday, July 2
By Nika Gamtsemlidze and Mariam Chanishvili
Kremlin advises Russian artists to avoid touring in Georgia
As Russian media reports, Moscow urges Russian artists to refrain from visiting in Georgia. Putin's press secretary Dmitry Peskov made a special statement regarding this matter.
"We did not hear from the representatives of the Georgian Government condemning the actions of those who were trying to attack the parliament and Russian lawmakers in the building. Therefore, the artists who are planning to visit Georgia will have to think about their safety," said Peskov.
A few weeks ago, the President of the Russian Federation signed a decree on which Russian airlines are prohibited to transfer Russian citizens to Georgia from July 8.
Also, Putin has ordered Russian authorities to help Russian citizens in their safe return home.
TBC Bank prices $125 million Additional Tier 1 Notes
TBC Bank Group has priced a debut USD125 million additional tier one capital perpetual subordinated notes issue with a 10.8% yield.
J.P. Morgan, Renaissance Capital, and UBS Investment Bank are acting as Joint Bookrunners and Joint Lead Managers for the Notes, while TBC Capital is acting as Joint Lead Manager.
Additional capital from international investors emphasizes confidence in TBC Bank and the country.
Vakhtang Butskhrikidze, chief executive of market leader TBC noted that it would facilitate the rapid and dynamic growth of TBC Bank and the development of Georgian economy and Georgian businesses.
“Throughout the last two weeks, TBC has carried out two important transactions. The demand was pretty high. The main goal is to use the capital for development and funding of small and medium businesses and corporate businesses,” he said.
The process has been carried out according to Basel III Standards, which is a global, voluntary regulatory framework on bank capital adequacy, stress testing, and market liquidity risk.
Youth Employment Festival to be held in Tbilisi
Social Service Agency will hold a festival in Expo Georgia to promote youth employment.
About 60 companies will offer more than 1000 vacancies for festival participants. Jobs will be offered from insurance, banking, consumer-trade, pharmacy, energy, and railway companies.
The one-day festival will start at 12:00 in the 3rd pavilion of exhibition center Expo Georgia and will last for three hours.
Kremlin advises Russian artists to avoid touring in Georgia
As Russian media reports, Moscow urges Russian artists to refrain from visiting in Georgia. Putin's press secretary Dmitry Peskov made a special statement regarding this matter.
"We did not hear from the representatives of the Georgian Government condemning the actions of those who were trying to attack the parliament and Russian lawmakers in the building. Therefore, the artists who are planning to visit Georgia will have to think about their safety," said Peskov.
A few weeks ago, the President of the Russian Federation signed a decree on which Russian airlines are prohibited to transfer Russian citizens to Georgia from July 8.
Also, Putin has ordered Russian authorities to help Russian citizens in their safe return home.
TBC Bank prices $125 million Additional Tier 1 Notes
TBC Bank Group has priced a debut USD125 million additional tier one capital perpetual subordinated notes issue with a 10.8% yield.
J.P. Morgan, Renaissance Capital, and UBS Investment Bank are acting as Joint Bookrunners and Joint Lead Managers for the Notes, while TBC Capital is acting as Joint Lead Manager.
Additional capital from international investors emphasizes confidence in TBC Bank and the country.
Vakhtang Butskhrikidze, chief executive of market leader TBC noted that it would facilitate the rapid and dynamic growth of TBC Bank and the development of Georgian economy and Georgian businesses.
“Throughout the last two weeks, TBC has carried out two important transactions. The demand was pretty high. The main goal is to use the capital for development and funding of small and medium businesses and corporate businesses,” he said.
The process has been carried out according to Basel III Standards, which is a global, voluntary regulatory framework on bank capital adequacy, stress testing, and market liquidity risk.
Youth Employment Festival to be held in Tbilisi
Social Service Agency will hold a festival in Expo Georgia to promote youth employment.
About 60 companies will offer more than 1000 vacancies for festival participants. Jobs will be offered from insurance, banking, consumer-trade, pharmacy, energy, and railway companies.
The one-day festival will start at 12:00 in the 3rd pavilion of exhibition center Expo Georgia and will last for three hours.