Latest articles from Georgia

From World / Central & Eastern Europe / Georgia

Mixed blessings of foreign ownership for Black Sea banks

Levels of foreign ownership vary widely among the banks of the eastern Black Sea countries. While foreign-owned banks went too far, too fast before the crisis, they may be more resilient than locally owned players in a downturn.

National Bank of Georgia
From World / Central & Eastern Europe / Georgia

Resilient Georgia set to emerge in sound economic health

Georgian banks suffered in the global financial crisis, but with low banking penetration accompanied by conservative and prudent financial regulation, they appear to be on sure footing to growing profitability. 

From World / Central & Eastern Europe / Georgia

Investors wowed by Georgian bond issue

Edward Russell-Walling reports on how Georgia’s first ever issue on the international bond market was a resounding success.

From World / Central & Eastern Europe / Georgia

Careful groundwork reaps IPO success

The Bank of Georgia’s oversubscribed London IPO epitomised Georgia’s drive towards catching up with the rest of the world. Ben Aris reports from Tbilisi on how chairman Lado Gurgenidze turned the bank around.

From World / Central & Eastern Europe / Georgia

Georgians tread well-worn path

The Georgian banking sector is growing and there is healthy competition. Bank of Georgia CEO Lado Gurgenidze is looking at what lies ahead for banks in the Caucasus. James Hydzik reports.

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