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Basisbank's Overview

Total employees478
HeadquartersTbilisi
Founded1993

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.

Where is Basisbank's Headquarters?

HQ Function

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.

Notable Features:

A modern office facility strategically located in the capital, designed to support efficient banking operations and client services.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The headquarters' operations aim to reflect BasisBank's enduring values of stability, reliability, and customer trust, now enhanced by the resources and strategic direction of Bank of Georgia Group PLC.

Location:

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.

Street Address:

2 Queen Tamar Ave.

City:

Tbilisi

State/Province:

Country:

Georgia

Basisbank's Global Presence

Kutaisi, 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.

Batumi, 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.

Tbilisi, Georgia

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.

Buying Intent Signals for Basisbank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Basisbank

As of April 2025, Basisbank' leadership includes:

David Tsaava - General Director
Giorgi Gabunia - Financial Director, Member of the Board of Directors
Levan Gardadze - Commercial Director, Member of the Board of Directors
Vakhtang Babunashvili - Risk Director, Member of the Board of Directors
Giorgi Makaridze - Operational Director, Member of the Board of Directors

Investors of Basisbank

Basisbank has been backed by several prominent investors over the years, including:

Bank of Georgia Group PLC (since February 2024)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

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.

Technology (Tech Stack) used by Basisbank

Discover the tools Basisbank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Basisbank Email Formats and Examples

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

News and media

London Stock Exchange News / Bank of Georgia Group PLCFebruary 21, 2024

Bank of Georgia Group PLC Announces Completion of Acquisition of JSC BasisBank

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 NewsJuly 27, 2023

EBRD and BasisBank Promote Green Finance for Georgian Businesses with Bond Issue

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 MagazineOctober 25, 2023

BasisBank Named Best SME Bank in Georgia 2024 by Global Finance

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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