JSC BasisBank is a prominent commercial bank in Georgia, established in 1993. It provides a comprehensive suite of financial services to retail, SME, and corporate clients. Known for its customer-centric approach, BasisBank has built a strong reputation in the Georgian financial market. In early 2024, BasisBank was acquired by Bank of Georgia Group PLC, a leading financial group in Georgia.
Serves as the central administrative and operational hub for all BasisBank activities, including strategic planning, financial management, risk oversight, and corporate governance following its acquisition by Bank of Georgia Group PLC.
A modern office facility strategically located in the capital, designed to support efficient banking operations and client services.
Professional and customer-focused, emphasizing teamwork, integrity, and innovation in providing financial solutions. The environment encourages growth and adherence to high banking standards within the broader Bank of Georgia Group culture.
The headquarters is crucial for coordinating BasisBank's nationwide branch network, managing its product portfolio, and ensuring regulatory compliance. It acts as the primary center for its operational decision-making and strategy implementation under the new ownership.
JSC BasisBank primarily focuses its operations within Georgia, serving local individuals and businesses across the country. While its direct physical presence is domestic, it supports international transactions for its clients through correspondent banking relationships with international financial institutions and adherence to global financial standards. Its acquisition by Bank of Georgia Group PLC may further enhance its international connectivity.
2 Queen Tamar Ave.
Tbilisi
Georgia
Address: 3 Rustaveli St., Kutaisi, 4600, Georgia
Serves as a key banking hub for individuals and businesses in Kutaisi, the legislative capital and a major economic center in the Imereti region of western Georgia.
Address: 52 Gorgasali St., Batumi, 6000, Georgia
Supports the dynamic economy of Batumi and the Adjara region, catering to its significant commercial, shipping, and tourism sectors.
Address: 71 Vazha-Pshavela Ave., Tbilisi, 0186, Georgia
Provides accessible banking solutions to a dense residential and commercial area within Tbilisi, supporting local economic activity.
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As of April 2025, Basisbank' leadership includes:
Basisbank has been backed by several prominent investors over the years, including:
The most significant executive-level development for JSC BasisBank in the last 12 months is its acquisition by Bank of Georgia Group PLC, completed in February 2024. This strategic ownership change is expected to shape the future leadership and direction of BasisBank. Specific internal new hires or exits within BasisBank's standalone executive team, separate from the acquisition context, have not been widely publicized.
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JSC BasisBank, like many corporations, uses standardized email formats for its employees. While individual email addresses are not always publicly listed, common patterns often involve a combination of the employee's first and last name, or initials.
[first_initial][lastname]@bb.ge (e.g., jsmith@bb.ge) or [firstname].[lastname]@bb.ge (e.g., john.smith@bb.ge)
Format
dtsaava@bb.ge (Illustrative example for David Tsaava based on common formats)
Example
75%
Success rate
London Stock Exchange News / Bank of Georgia Group PLC • February 21, 2024
Bank of Georgia Group PLC has successfully completed the acquisition of 100% of the issued share capital of JSC BasisBank. This strategic acquisition strengthens Bank of Georgia Group's position in the Georgian financial market....more
EBRD News • July 27, 2023
JSC BasisBank, with the support of the European Bank for Reconstruction and Development (EBRD), issued a USD 5 million green bond. The funds raised are designated for financing green projects undertaken by small and medium-sized enterprises (SMEs) in Georgia....more
Global Finance Magazine • October 25, 2023
BasisBank was recognized by Global Finance magazine as the Best SME Bank in Georgia for 2024, highlighting its strong performance and commitment to supporting small and medium-sized enterprises in the country....more
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