Home / Tag Archives: capital bank

Tag Archives: capital bank

JSC Capital Bank Stripped Of Banking License

capital Bank

According to decree by vice president of National Bank of Georgia (NBG), JSC Capital Bank was stripped of banking license. As a result, the Bank has moved to liquidation regime. Auditing process at JSC Capital Bank detected that the bank had ignored requirements for prevention of legalizing illegal revenues, as …

Read More »

Capital Bank to Replenish Supervisory Capital in Late August

Capital Bank to Replenish Supervisory Capital in Late August

Capital Bank’s supervisory capital made up 6.1 million GEL as of August 1. The bank will replenish its capital through a new injection at the end of August. Capital Bank will replenish the supervisory capital to 12 million GEL and satisfy the regulatory requirements.   ESOL B.V. (holder of a …

Read More »

Capital Bank Gains Profits

Capital Bank Gains Profits

Capital Bank has become a profitable bank. Aleksandre Kurtanidze has withdrawn from the structure of stakeholders. He used to hold 1/3 stake under legal papers. Kurtanidze made the due decision after the bank announced about sales of assets. Dutch company ESOL B.V. took over the controlling interest in the Bank …

Read More »

Exclusive: Aleksandre Chochia to Manage Capital Bank

Capital Bank

Privatbank’s Former Shareholder and Director to Manage Capital Bank Aleksandre Chochia, the Privatbank’s former shareholder (1.1%) and director, will manage Capital Bank. The incumbent director Lasha Khoperia was appointed on the position in spring 2014 after former stakeholders Gabrielashvili/Aleksidze withdrew from the structure and Aleksandre Kurtanidze became a 70% stakeholder. …

Read More »