On July 25, American Express confirmed its readiness to open its payment scheme to the relevant financial institutions operating in Georgia. The company intends to cooperate with banks that will ...

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Referring to the World Bank, the magazine reports that in the 2024 ranking of average annual national income per capita, Georgia took 90 th place among 189 countries. In 2024, the national income per ...

With the support of the UN Development Program (UNDP), Care Caucasus and the German government, Ukrainian refugees, arriving in Georgia after outbreak of Russia’s invasion of their country in 2022, ...

Natia Turnava, president of the National Bank of Georgia (NBG), met with Fu Huang, president of China’s Cross-Border Interbank Payment System (CIPS). As NBG reported, the parties discussed the ...

In the 1 st quarter, Georgian telecom operators’ revenues from fixed internet services amounted to 107.8 million lari, Georgian National Communication Commission reported. If compared to the same ...

In the 1 st quarter, Georgian telecom operators’ retail revenues from mobile services amounted to 211 million lari, Georgian National Communication Commission reported. If compared to the same period ...

In the 2 nd quarter, foreign remittances to Georgia amounted to $928.47 million, the National Bank of Georgia reported. If compared to the same period of 2024, the volume has increased by 10%. Full ...

WIZZ AIR” CONTINUED TO BE A LEADER OF GEORGIAN MARKET IN TERMS OF TRANSPORTED PASSENGERS. In January-June, Hungarian low-coster airline Wizz Air was the leader i ...

In the 2 nd quarter, remittances from Georgia abroad amounted to $101.46 million, the National Bank of Georgia reported. If compared to the same period of 2024, the volume has increased by 14.3%. Full ...

We estimate that in the 2 nd quarter, the country’s tourism revenues grew by 9.1% compared to the same period of 2024 and amounted to $1.2 billion, Galt&Taggart said in the weekly review. In the ...

In total volume of remittances from Georgia abroad for the 2 nd quarter ($101.46 million), 3 systems served 80.7%, or remittances of $81.84 million. According to the National Bank of Georgia, Western ...