GE EN
Other news
U.S. Congressional Staff delegation to engage with Georgian leaders an...

According to a statement from the U.S. Embassy in Georgia, the delegation will engage with both government officials and opposition leaders.“We are pleased to host a Congressional Staff delegation in Georgia. As part of their regional visit, they will meet with Georgian officials and opposition figures, and visit the IDP settlement in Tserovani to gain insight into the current situation,” the U.S. Embassy stated.

1769601082

Rating of MFOs by credit portfolio

As of 01.01./2025, up to 30 MFOs remain on the market, with assets of over 2 billion GEL and a loan portfolio of up to 1.9 billion GEL.The largest player in the MFO market is the pawnshop. The main product of the MFO "Rico" credit line is pawnshop, although the management believes that this does not at all detract from the financial institution.The management of MFOs points to the widespread practice in the market, instability, periodic adjustment of loan terms, including interest rates, from which the Rico pawnshop client is protected.According to the management, the advantage of Rico is reliability. He does not cheat the client and the rate is actually the lowest (18-24%).

1769600848

In December, 4.3% more people received salaries

Of these, 9% (92,280 people) earned less than GEL 600, while the largest group, 51% (522,924 people), earned more than GEL 2,400 per month. Compared to the previous month, the share of low-wage earners fell, while the number of those earning above GEL 2,400 increased.PMC noted that the month-on-month growth in December is partly due to the 13th salary payments.According to GeoStat, as of the third quarter of 2025, Georgia had 1.396 million employed people, including 975,000 wage employees and 418,000 self-employed.

1769600501

Briefing on Georgia Postponed at Helsinki Commission Due to Bad Weathe...

“This briefing has been postponed because of weather conditions,” the Commission said in a statement.The session, titled “Growing Suppression of Dissent by Georgian Dream,” was originally planned for January 28 at 23:00 Tbilisi time.

1769578980

Non-Residents Cashless Spending in Hotels and Restaurants Surged by 40...

Hotel spending was largely driven by non-residents, who accounted for 86% of transactions, averaging GEL724 per transaction (+46% YoY). Residents accounted for 14%, with an average spend of  GEL201 (+14% YoY).Restaurant spending also surged, rising 42% YoY to an average transaction of  GEL36. Residents represented 68% of total restaurant spending, averaging GEL 27 (+26% YoY), while non-residents accounted for 32%, averaging  GEL 140 (+94% YoY), nearly five times the resident average.The data highlights the impact of tourism on Georgia’s hospitality sector, while domestic consumption also showed steady growth, particularly in the restaurant segment.

1769515899

Georgia Capital CEO Receives Shares, Sells Part of Holdings

Earlier, between December 17–19, 2025, Gilauri sold 135,000 shares for £4.047 million, leaving him with 2,502,423 shares. Following the 2025 share grant, he was expected to hold approximately 2.7 million shares, with a plan to sell 20% of his holdings over time.In August 2025, Gilauri sold part of his directly held shares on August 22, reducing his stake from 5.6% to 4.95%, and sold another 165,785 shares between August 26–28, generating £3.71 million. At that point, his total holdings were 2,637,423 shares, including 1,642,629 directly held and the remainder deferred.No further share transactions occurred before December 2025, leaving Gilauri with a substantial stake in GCAP while following the company’s planned gradual divestment strategy.

1769515791