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Last week, only TBC Bank Group closed in the plus zone on the LSE, whi...

Lion Finance Group (BGEO LN) shares closed at GBP 99.95/share (-0.94% w/w and +9.29% m/m). More than 264k shares traded in the range of GBP 97.35 - 103.90/share. Average daily traded volume was 56k in the last 4 weeks. The volume of BGEO shares traded was at 0.61% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 42.65/share (+0.35% w/w and +8.52% m/m). More than 361k shares changed hands in the range of GBP 41.85 - 44.05/share. Average daily traded volume was 74k in the last 4 weeks. The volume of TBCG shares traded was at 0.65% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 32.55/share (-3.56% w/w and +5.34% m/m). More than 166k shares traded in the range of GBP 31.75 - 34.20/share. Average daily traded volume was 59k in the last 4 weeks. The volume of CGEO shares traded was at 0.48% of its capitalization. 

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Corruption Risk and Democratic Backsliding: Georgia Receives Lowest Sc...

According to TI, 50 is the average result on a 100-point scale, and Georgia has not had such a low score since 2013, despite the fact that it remains the leader in the Eastern Europe and Central Asia region.“The Corruption Perceptions Index mainly measures the vulnerability of a country’s public sector to corruption, for example, how widespread petty bribery is. Georgia’s average score indicates that petty bribery is not widespread in the country.However, the index does not measure such complex forms of corruption as state capture and kleptocracy. This is precisely the main challenge in terms of corruption in Georgia.The Corruption Perception Index is conducted in 182 countries. Countries are evaluated using a 100-point system, where 100 is a positive result and 0 is a negative result.According to the accompanying analysis of the 2025 results, Georgia's decline in score and, consequently, its increase in corruption risk is directly related to the decline of democracy and the rise of autocracy in the country:“Georgia illustrates how democratic backsliding directly fuels corruption risks. The ruling party has introduced a so-called “Foreign Agents” law and a Grants Law, which are anti-democratic measures that criminalise legitimate NGO activity and brand independent voices as foreign agents. It has also intensified its campaign against dissent through politically motivated prosecutions, media restrictions, freezing NGO bank accounts and violent crackdowns on protesters and journalists. Following disputed 2024 elections and the suspension of EU integration talks, international observers now describe Georgia as undergoing an authoritarian turn, with proposals to ban opposition parties and deepen political control over the civil service, police and judiciary. This is creating severely increased corruption risks and damaging Georgia’s society as a whole.In almost two thirds of countries whose CPI scores have significantly declined since 2012, there has been a worrying pattern of restriction on freedoms of expression, association and assembly. In the last decade, politicised interference with NGO operations in countries such as Georgia, Indonesia, Peru and Tunisia has seen governments introduce new laws to limit access to funding or even disband organisations that scrutinise and criticise them, often paired with smear campaigns and intimidation. In these contexts it is harder for independent journalists, civil society organisations and whistleblowers to freely speak out against corruption, and more likely that corrupt officials can continue misusing their power” , - the document reads. 

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Kobakhidze Welcomes TSU-GTU Merger

Speaking to reporters on Tuesday, Kobakhidze emphasized the importance of the discussions held with academic staff and university leadership.“The healthy discussion that took place yesterday was very important. We listened to the academic community and took their arguments and positions into account. Ultimately, the decision we reached together with the representatives of the Georgian Technical University was very important,” he said.The Prime Minister stressed that Georgia currently faces significant challenges in technical education, both in state and private sectors, and a shortage of qualified personnel in fields such as engineering, architecture, and construction.“Our main task is to ensure that technical disciplines develop qualitatively. We must enrich our country’s workforce in these areas, and special attention will be paid to strengthening the resources of the Technical University,” Kobakhidze added.He also announced that GTU will revert to its pre-independence model, retaining only the faculties that existed before the 1990s, a move aimed at consolidating resources and enhancing the quality of technical education in Georgia.

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Levan Mekhuzla: This year, we continue to actively support small winer...

RAW Wine is a leading international exhibition that brings together producers of high-quality natural, organic and biodynamic wines. The exhibition is organized by the renowned Master of Wine from France, Isabelle Legeron.This year, about 200 natural wine producers from 16 countries were represented at the Paris exhibition, including countries famous for their winemaking traditions, such as France, Italy, Spain, Portugal, and others. Traditionally, there was great interest in Georgian wine from wine professionals and visitors.The exhibition was attended by Levan Mekhuzla, Chairman of the National Wine Agency."This year, we continue to actively support small wineries so that their products are widely represented at international exhibitions. RAW Wine provides Georgian winemakers with the opportunity to find new partners and export markets. Georgia's representation at this prestigious exhibition of natural wines is important for the popularization of qvevri wine and the development of small and medium-sized wineries. Participation in such international exhibitions motivates winemakers to take greater care of the quality and image of their products," noted Levan Mekhuzla.The exhibition was attended by the Chargé d’Affaires of the Embassy of Georgia to the French Republic, Ekaterine Kokaia, and Consul Rusudan Didebulidze. To present their wines at the exhibition, Georgian winemakers also received support from the Georgian Embassy in the French Republic.It is noteworthy that with the support of the National Wine Agency, in 2026, Qvevri wine producing wineries will participate in "RAW Wine" exhibitions in various countries.

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Georgia, Azerbaijan, Uzbekistan agree to strengthen transport corridor

The parties discussed freight transportation and improved services."The Director General of Georgian Railways signed a document under which the countries will deepen cooperation within the framework of the association, which will strengthen Georgia's role as a transit country, increase the potential for attracting cargo flows and contribute to the development of transport corridors between Europe and Asia," Georgian Railways wrote.

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Arne Berggren: The Board fully supports Vakhtang Butskhrikidze’s recom...

Arne Berggren, Chairman of the Board, commented: “The Board fully supports Vakhtang Butskhrikidze’s recommended organisational changes to ensure the continued strong execution of our strategy in Georgia and to facilitate increased focus on the Group’s ambitions in Uzbekistan and other markets. George Tkhelidze, who has long been identified as a potential internal successor as CEO of the Bank, brings strong leadership experience and a proven track record. He is well positioned to lead our Georgian business."“At this exciting time in TBC’s story, I aim to dedicate my energy to leading the Group’s overall strategic direction. As Group CEO, I will of course remain highly involved in all aspects of our businesses across both Georgia and Uzbekistan, as well as exploring other international opportunities. I am delighted to be succeeded as CEO of our Georgian subsidiary by George. I have worked with George for over a decade. He has done a fantastic job leading CIB and Wealth Management, and I have no doubt he will be a great leader for our Georgian business as a whole going forward. I would also like to thank Tornike for all his work and commitment to the Bank over the past eight years, and I wish him the best of luck in his future endeavours”, - Vakhtang Butskhrikidze, Group CEO said.The Supervisory Board of JSC TBC Bank has approved that the responsibility for the Georgian operations will be assumed by George Tkhelidze, in order to enable the Group CEO, Vakhtang Butskhrikidze, to focus on the Group’s strategic priorities in Georgia, Uzbekistan and internationally. Mr. Tkhelidze is appointed as CEO of JSC TBC Bank with effect from 1 March 2026, or such later date as may be required for the completion of relevant regulatory approvals.There is also another reshuffle at the management, Tornike Gogichaishvili, Deputy CEO and head of MSME and Affluent Banking, will leave the Bank with effect from 1 March 2026.

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