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Plans to Sell National Bank’s Historic Building

Published: August 1, 2013 | 10:26 am
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TV3 continues to report on the issue of the possible sale of the National Bank’s historic building. A statement made by Nazi Alasania, the Iranian bank Pasargad’s partner in Georgia, confirms that plans in this regard had been drawn up as early as in 2011. According to Ms. Alasania, in the event of its entry onto the Georgian market, Pasargad was planning to set up its headquarters in the National Bank’s historic building. As we reported earlier, the former President of the National Bank Irakli Managadze expressed his suspicions that the previous government was prepared to sell the building. While Mr. Managadze has declined to name his sources of information, he states that preserving the historic building is essential.
The National Bank had its headquarters at 3 Leonidze Street from 1919 until 2012. Having been built in the early 1910’s by the architect Mikheil Ohanjanov, the building is an important example of the modern Tbilisi architectural style. Today, the building only houses the Museum of Money.

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