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Tag Archives: payment

Media Exposure for Bank Cards

Media Exposure for Bank Cards

In the first quarter of 2017 Georgia-based commercial banks issued 9.2mln payment cards, up 11% year on year. Ratio of MasterCard accounts for 43%, VISA – 32%, Vocal – 18%, UP – 6% and Amex – 1%. In January-March 2017 Georgian payment cards recorded 37.7mln transactions worth 4bln GEL in …

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Georgia and Korea Sign Double Taxation Prevention Agreement

Georgia and Korea Sign Double Taxation Prevention Agreement

On March 31 Georgian Finance Minister Nodar Khaduri and Korean Republic vice Prime Minister YOO IL HO signed an agreement on Prevention of Double Taxation and Tax-payment Evasion. The parties also discussed economic cooperation enhancement issues and opportunities for attracting investments. Georgian Ambassador to Korean Republic Nikoloz Apkhazava also attended …

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