Prominent policy attention has been given to capital market development in Georgia in the past few years. Notable developments include recent and ongoing legislative initiatives to support market development...
Small and medium sized enterprises are core to the economy of Georgia and will be central to building a robust and inclusive recovery from the COVID-19 crisis. SMEs represent 99.7 percent of active enterprises...
This note was prepared for the 2021 FSAP mission to Georgia and provides recommendations on a select set of banking supervision topics against relevant elements of the Basel Core Principles for Effective...
This note was prepared for the 2021 FSAP mission to Georgia and provides recommendations on capital market oversight taking into account the relevant elements of the IOSCO Objectives and Principles of...
This note provides a review of the Payment Systems and Financial Market Infrastructure (FMIs) in Georgia with a specific focus on the RTGS. The note was prepared in the context of a virtual mission of...
Market concentration, while not a problem per se, remains high as compared to peers and has increased in the last few years. The two largest banks in Georgia have a market share of more than 70 percent...