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As of September, the number of Telasi subscribers increased by 4.2%

According to Telasi, this growth is attributed to increased economic activity in the country and a rise in the number of new subscribers.As of September 2026, the number of Telasi subscribers had grown by 4.2% (33,700 subscribers) compared to the same period in 2025, reaching a total of 838,100 subscribers. Of these, 750,800 are individual (residential) customers, while 87,300 are legal entities (commercial/institutional customers).Based on data for the nine-month period, the total length of the company’s power transmission lines reached 7,867 km - an increase of 5.6% (414 km) over the figure recorded for the first nine months of 2025 (7,453 km). The total length of the company’s power transmission lines has increased as a result of network development, reconstruction, and modernization projects, the company states.Telasi has published its operational indicators for the first nine months of 2026:

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Shahin Mammadov is the Chairman of the Supervisory Board of PASHA Bank

Mammadov has been a member of the bank’s Supervisory Board since 2018. Parvin Ahadzadeh, who possesses over 20 years of experience in the banking and financial sector, has also joined the Board.Earlier, in August, changes were made to the Management Board. Punhan Narimanov assumed the position of Chairman of the Management Board and CEO of PASHA Bank.The bank, which operates with Azerbaijani capital, has been on the market for 13 years. For the past three years, it has focused on the corporate segment. It holds a 'B/B' rating with a stable outlook.

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The financial sector generated GEL 13.8 BLN in revenue in 2025 – Geost...

GeoStat reported that as of the end of 2025, enterprises engaged in financial services held GEL 3.1 billion in cash in hand. Meanwhile, the residual (carrying) value of fixed and non-produced assets stood at GEL 2.9 billion. In 2025, the average annual number of employees in financial service enterprises was 42,700, of whom 65.6 per cent were women.Furthermore, according to the agency’s report, premiums earned by insurance companies in 2025 totalled GEL 1.3 billion, of which 42.0% was generated by medical (health) insurance, 11.3% by property insurance, 9.6% by life insurance, 6.4% by third-party motor liability insurance, 1.4% by accident insurance, and the remaining 29.3% across other insurance lines.In 2025, insurance claims paid by insurance companies totalled GEL 763.9 million. Medical (health) insurance accounted for the largest share at 56.6%, followed by property insurance at 6.3%, life insurance at 5.4%, and third-party motor liability insurance at 5.0%, with the remaining 26.7% distributed across other categories.

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Bank of Georgia Named World's Best AI Bank 2026 by Global Finance

"We are delighted to receive this recognition from Global Finance, and particularly proud to be named the World's Best AI Bank. AI has become central to the experience we deliver to our customers every day. When 99% of unsecured loans are approved and disbursed in under 15 seconds, and our AI assistant independently resolves over 80% of customer queries at a 91% satisfaction score, the impact is tangible and measurable. But beyond the numbers, what this recognition reflects is a culture - one where our teams have embraced AI across their daily work, and where we hold ourselves to the principle that speed and trust must go hand in hand”, - Archil Gachechiladze , CEO of Bank of Georgia, commented.Gachechiladze thanks the entire team at the Bank of Georgia for their efforts in achieving this goal, and Global Finance for this international recognition.“Digital banking has become one of the most important areas of focus for the financial industry, as banks expand their use of AI, automation and advanced data analytics. Rising expectations for speed, personalization and seamless digital experiences are pushing banks to innovate, while strengthening security, resilience and regulatory compliance”, - Joseph Giarraputo, Global Finance’s founder and editorial director said.

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Georgian companies listed on the LSE remain in the red zone

Lion Finance Group (BGEO LN) shares closed at GBP 123.80/share (-6.64% w/w and -7.96% m/m). More than 271k shares traded in the range of GBP 123.00 - 135.60/share. Average daily traded volume was 58k in the last 4 weeks. The volume of BGEO shares traded was at 0.63% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 48.46/share (- 4.51% w/w and -4.13% m/m). More than 320k shares changed hands in the range of GBP 47.96 - 52.25/share. Average daily traded volume was 72k in the last 4 weeks. The volume of TBCG shares traded was at 0.57% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 43.60/share (-1.36% w/w and -1.69% m/m). More than 185k shares traded in the range of GBP 42.50 - 45.00/share. Average daily traded volume was 80k in the last 4 weeks. The volume of CGEO shares traded was at 0.54% of its capitalization.

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The Minister of Finance of Georgia met with the Executive Director of...

According to the Ministry of Finance, the two officials reviewed the long-standing partnership between Georgia and the World Bank, along with current projects financed by the institution.Discussions focused on ongoing initiatives and future joint priorities in energy, road and rail infrastructure, and human capital development, as well as upcoming cooperation on the Anaklia Deep Sea Port, its supporting infrastructure, and the water sector.During the meeting, Khutsishvili briefed the World Bank Executive Director on Georgia’s key macroeconomic indicators and medium-term economic forecasts.The Ministry noted that the parties underscored Georgia’s recent economic progress, driven by strong growth and stable fiscal and monetary policies despite challenging regional conditions.Deputy Minister of Finance Ekaterine Guntsadze also attended the meeting.The 2026 Annual Meetings of the International Monetary Fund and the World Bank Group are taking place in Bangkok from 12 to 18 October.

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