Latest articles from Georgia

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Bank of Georgia CEO insists ‘middle ground’ still possible amid uproar over new law

May 15, 2024

The country’s largest bank saw its share price slump more than 15 per cent on Wednesday after the passage of the foreign agents law

Trucks travel along a road in Armenia

EBRD preaches the ‘virtuous’ path in troubled Caucasus region

May 15, 2024

There may be ‘imperfections’, but MDB says it only work with banks complying with sanctions

Demonstrators hold a rally to protest against a bill on "foreign agents" in Tbilisi, Georgia, May 2, 2024

EBRD warns Georgia’s new foreign agents bill may deter investment

May 7, 2024

Georgia’s foreign agents bill and offshore law are ‘not in the right direction’

Tbilisi main street, yellow-gray painted walls, old-style windows and balconies, blooming trees and old Orthodox church on the background, Georgia, late spring.

Georgian capital market growth shows strong ESG focus

May 3, 2024

New sustainability framework has increased investor trust

Natia Turnava

Natia Turnava: Building in greater resilience

September 26, 2023

Natia Turnava, the first vice-president of the National Bank of Georgia is using every tool in her toolbox to help Georgia weather economic, climate and dollarisation headwinds.

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Caucasus banks benefit from Russian outflows

July 19, 2023

Lenders in the Caucasus region have benefited from the turmoil resulting from Russia's invasion of Ukraine, while questions remain regarding Turkish banks as the new central bank governor and finance minister are appointed.

ROE at Georgian banks slumps as pandemic bites

October 27, 2021

Return on equity at TBC Bank, the country’s largest lender, almost halved in 2020.

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Bank of Georgia teaser

Georgian banks gather rewards for resilience

July 2, 2019

Georgia’s banking sector is resilient, it is benefiting from – and contributing to – a strong economy. But there are some vulnerabilities that need to be addressed.

Giorgi Kadagidze

Giorgi Kadagidze: stabilising Georgia's currency climate

July 1, 2015

In an economy that is highly dollarised and in which the local currency has gone through a bout of devaluation, Georgia's central bank governor, Giorgi Kadagidze, has his work cut out. However, in taking a long-term approach, rather than looking for any quick fixes, he is confident that the country can achieve its currency goals.

Georgia's banks provide the calm amid a regional storm

April 30, 2015

The stand-off between Russia and Ukraine, and the subsequent sanctions imposed on Russia and fall in the value of its currency, has negatively impacted upon the economies of almost all former Soviet republics. In Georgia, however, the country's banks are faring well, in no small part because of the central bank's conservative approach. 

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