Home News & events Press Releases 2006 Compass Plus takes part in Retail Banking Business Development Perspectives


bLibertyCompass Plus took part in the 3rd annual international banking conference “Retail Banking Business Development Perspectives in the Region” that took place in Tbilisi, Georgia on the 28-30 June 2006. The conference was organised by one of Compass Plus’ customers - the Peoples Bank of Georgia http://www.peoplesbank.ge.

The director or Compass Plus’ regional office (Moscow, Russia) delivered a presentation about state-of-the-art technologies provided by the company that facilitate automation of retail banking business and enable financial institutions to offer a broad and innovative range of banking services to their customers. In one of the presentations, the director of the Plastic Cards Department at the bank - Maya Heladze, spoke highly of Compass Plus’ contribution in establishing the bank’s own processing centre and completing migration of the largest payment card database in Georgia in a remarkably short period of time. Compass Plus and the Peoples Bank of Georgia are planning to extend their relationship as part of the Bank’s payment card business development strategy.

Attending the conference gave Compass Plus the opportunity to gain a number of useful business contacts and it is hoped that we will have the chance to visit the conference annually.

The Peoples Bank of Georgia has a Principal Member status in Visa International. The bank has largest branch network in Georgia (125 branches) and is commissioned to implement and run governmental and social programmes (such as pension schemes, social benefits schemes, etc). The bank serves over 1.5 million customers every month.

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