The COMMERCIAL TIMES
Total volume of the non-bank deposits in the country’s banking sector decreased by 0.8 percent or GEL 52.5 million compared with the March 1, 2012, and constituted GEL 6.8 billion by April 1, 2012. In March, 2012, compared to the previous month, the volume of demand deposits decreased by GEL 146.1 million (4.4 percent) and term deposits increased by GEL 93.6 million (2.7 percent).
The dollarization ratio of the total non-bank deposits constituted 60.7 percent by April 1, 2012. It increased by 1.9 percentage points compared to March 1, …

The COMMERCIAL TIMES
The volume of lending by commercial banks (including loans to non-residents) in March, 2012, compared to the previous month, increased by GEL 145.8 million (1.9 percent) and exceeded 7.8 billion GEL by April 1, 2012. The volume of loans provided in the national currency increased by GEL 53.3 million (2.2 percent) and the volume of loans in a foreign currency increased by GEL 92.5 million (1.8 percent).
By the end of March 2012, commercial banks issued to resident legal entities GEL 870.7 million worth of national currency-denominated loans (4.8 …

The COMMERCIAL TIMES
Tbilisi, Georgia, April 20, 2012—A new survey from IFC, a member of the World Bank Group, finds that the majority of Georgian business people view the country’s business environment positively, as measured by their perception of recent legislative reforms.
The survey results are helping the government to identify remaining challenges to improve the investment climate. The IFC Georgia Tax Simplification Project, surveying more than 1,000 Georgian businesses, finds that 75 percent of enterprises believe that the business environment is fairly or quite attractive. As few as 0.11 percent of …

The COMMERCIAL TIMES
One Day on Earth is a video time capsule of one day – 10 October 2010. More than 19,000 filmmakers, both professional and novice, contributed 3,000 hours of footage. One Day on Earth is a community that not only watches, but participates.
The Georgian screening of the feature documentaryOne Day on Earth will be held at Amirani Cinema, on 22 April 2012 at 15.00 PM.
UNDP Deputy Resident Representative in Georgia Inita Paulovica will attend the film premiere.
One Day on Earth is based on footage gathered on 10 October 2010 …

The COMMERCIAL TIMES
Tbilisi, Georgia, April 20, 2012—Bank of Georgia, the leading Georgian Bank, GE Healthcare – the healthcare business of GE (NYSE: GE), and the High Technology Medical Center University Clinic today announced the acquisition of the first GE Healthcare PET/CT (positron emission tomography/computed tomography) system in the South Caucasus region. The PET/CT system was purchased by the High Technology Medical Center University Clinic through the GE Healthcare office in Central Asia, with financing from Bank of Georgia.
According to recent statistics, 7,000 new cancer cases are registered each year in …