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
Central & eastern Europe
Latest articles from Georgia
EBRD preaches the ‘virtuous’ path in troubled Caucasus region
May 15, 2024There may be ‘imperfections’, but MDB says it only work with banks complying with sanctions
EBRD warns Georgia’s new foreign agents bill may deter investment
May 7, 2024Georgia’s foreign agents bill and offshore law are ‘not in the right direction’
Georgian capital market growth shows strong ESG focus
May 3, 2024New sustainability framework has increased investor trust
Natia Turnava: Building in greater resilience
September 26, 2023Natia 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.
Caucasus banks benefit from Russian outflows
July 19, 2023Lenders 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, 2021Return on equity at TBC Bank, the country’s largest lender, almost halved in 2020.
Georgian banks gather rewards for resilience
July 2, 2019Georgia’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: stabilising Georgia's currency climate
July 1, 2015In 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, 2015The 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.