Mamuka Khazaradze is not going to sell the TBC Bank share, - InterPressNews was told by TBC Bank.

According to the bank, Khazaradze has resigned as the Chairman of the Supervisory Board, but he remains as a shareholder.

According to the statement posted by Mamuka Khazaradze on the social network, the Bank's Supervisory Board decided to terminate a legal dispute with the National Bank due to the interests of the Bank, its shareholders and depositors.

“Accordingly, I made a decision to leave the bank where I spent 27 years of my life, the bank that I turned from 500 dollars into the largest player in the region.

Hopefully, this decision will positively affect the bank’s development in a stable and calm environment. I will dedicate my energy to our country’s very important project - the Anaklia project. Hopefully, I will be allowed to complete the project”, reads the statement.