The agreement is based on the main principles of the National Bank’s National Strategy for Financial Education and provides the implementation of financial education projects and activities.“Improving financial education is one of the important priorities of the National Bank of Georgia. Cooperation with the private sector allows us to bring financial education programs to a wider audience and contribute to strengthening the culture of responsible financial behavior in society,” said Ekaterine Mikabadze, First Vice President of the National Bank of Georgia.“With the rapid development of digital finance, the importance of financial education for future generations is growing. We are proud to partner with the National Bank of Georgia. With joint efforts, we can prepare young people to make informed financial decisions. Pave Bank will continue to actively support financial education in Georgia,” said Salim Dhanani, CEO and co-founder of Pave Bank.

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According to him, the placement of treasury securities in the amount of 400 million GEL, carried out through the syndication method, aroused great interest among investors.TBC Capital, as a leading investment bank, was involved in this transaction as placement agents and indeed saw quite a lot of interest, especially from international players. It was important that 65% of the buyers were foreign players, most of whom are very well-known international asset managers. It seems that these companies and funds are actively looking at Georgia and are buying not only Eurobonds, but also Georgian securities. This means that the Georgian capital market is developing and offering more and more interesting products to such investors, which is very important," said Otar Sharikadze, Director of TBC Capital.He congratulated the Ministry of Finance team on the second transaction carried out this year after the Eurobonds and noted that the results of the transaction once again confirm the high interest of international investors in the Georgian securities market.

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Lion Finance Group (BGEO LN) shares closed at GBP 111.10/share (+4.42% w/w and +1.18% m/m). More than 247k shares traded in the range of GBP 107.70 - 112.90/share. Average daily traded volume was 68k in the last 4 weeks. The volume of BGEO shares traded was at 0.57% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 45.02/share (+2.69% w/w and -5.82% m/m). More than 265k shares changed hands in the range of GBP 44.00 - 46.02/share. Average daily traded volume was 71k in the last 4 weeks. The volume of TBCG shares traded was at 0.48% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 42.05/share (+6.46% w/w and +7.96% m/m). More than 304k shares traded in the range of GBP 39.70 - 42.25/share. Average daily traded volume was 72k in the last 4 weeks. The volume of CGEO shares traded was at 0.89% of its capitalization. 

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According to the report, the number of people receiving wages increased to 1,012,141 in April. According to the PMCG Research Center, this number is slightly up by 0.6% compared to March 2026, and by 2.1% compared to April 2025.In April 2026, the number of persons receiving a monthly salary stood at 1,012,141, representing a slight 0.6% increase compared with March 2026, and a 2.1% increase compared with April 2025.In April 2026, the share of persons receiving a monthly salary of up to 600 GEL amounted to 11.1%, which was 0.2 percentage points lower than in March 2026, and 1.5 percentage points lower than in April 2025.In April 2026, the share of persons receiving a monthly salary of 2,400 GEL or more amounted to 36.7%, which was 1.0 percentage points higher than in March 2026, and 3.7 percentage points higher than in April 2025.In April 2026, the share of persons receiving a monthly salary of 9,600 GEL or more amounted to 3.4%, which was 0.1 percentage points higher than in March 2026, and 0.3 percentage points higher than in April 2025.In April 2026, the total number of vacancies published on jobs.ge amounted to 6,234, which was 8.1% lower compared with March 2026, and 5.2% lower compared with April 2025.The biggest month-over-month decrease was observed in logistics, transport and distribution category (-12.1%), while the smallest decrease among main categories was observed in IT and programming category (-6.4%).The largest year-over-year decrease was observed in IT and programming (-17.0%), while the sales and procurement was the only main category to increase (+5.7%).From February 2026 to April 2026, the total number of vacancies published on jobs.ge amounted to 19,403, which was 5.8% higher compared to the same period of 2025. The category that contributed the most to the increase during this period was sales and procurement.From February 2026 to April 2026, a total of 5,017 vacancies were published in the field of sales and procurement, which was 12.8% higher compared to the corresponding period of 2025. From February 2026 to April 2026, a total of 4,194 vacancies were published in the field of finance and statistics, which was 11.7% higher compared to the corresponding period of 2025. From February 2026 to April 2026, a total of 4,443 vacancies were published in the field of administration and management, which was 5.6% higher compared to the corresponding period of 2025.The labor market efficiency decreased in Q1 2026: According to the seasonally adjusted Beveridge Curve, the efficiency of the labor market weakened in Q1 2026 compared to Q4 2025, as the job openings rate remained broadly unchanged, while the unemployment rate increased. There is a clear outward movement of the Beveridge Curve, indicating weaker matching between job seekers and vacancies.The post-pandemic period had generally been characterized by improving matching dynamics in the labor market. However, several temporary deteriorations were also observed. Similar to Q1 2026, the weakening in Q1 2023 was driven by increasing unemployment despite relatively stable vacancy rates. By contrast, the deterioration observed in Q2 2024 reflected a sharp increase in job openings while unemployment remained broadly unchanged.

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The title of this exhibition was born from a chance, yet deeply symbolic conversation. While traveling in Fereydani, one of the local residents shared their mother’s words with Natela Grigalashvili. It turns out that the woman would often look up at the clouds in the sky and ask whether they were flying toward her remote homeland. She had never seen Georgia herself, but she carried it in her heart her entire life.This kind of sadness and melancholy haunts the entire history of the Fereydani Georgians. Their story began in the early 17th century with their forced deportation by Shah Abbas. Since then, for four centuries in the heart of Iran, in the Isfahan province, they managed to preserve the most important thing- their identity and their ancient Georgian speech, which acts as a kind of living linguistic museum.The subject of Fereydani Georgians has been an important creative interest for Natela Grigalashvili for years. However, the project took its final shape when she discovered a book published a century ago. The conceptual framework of the exhibition was defined by the 1894 records of Lado Aghniashvili. He was the first Georgian who traveled to Iran more than a century ago in his attempt to find the ‘lost’ Georgians. Natela Grigalashvili’s journey turned out to be a walk following Aghniashvili’s footsteps- not by a direct physical route, but through the search for the emotional and cultural memory that the researcher once described.The series presented in this exhibition is an attempt to observe an isolated cultural island, where daily life is deeply intertwined with a constant longing for the homeland. This intertwining of past and present ultimately becomes a dialogue across time and space- between the Fereydani described by Lado Aghniashvili a century ago, and the Fereydani seen today through the eyes of Natela Grigalashvili.Natela Grigalashvili has dedicated more than thirty years to documentary photography. Her work mainly centers on the everyday life of regional Georgia, the socio-cultural identity of isolated communities, collective memory, and the impact of the modern world on these spaces. Creating mostly long-term projects, she spends months and even years living in the environments she captures. This direct and continuous connection with the local people allows her to gain their trust, giving her images a deeply personal and an intimate feel.Curated by Myriam GrigalashviliExhibition Opening: June 6, 5:00 PMAddress: TBC Concept Gallery Multifunctional Space, Marjanishvili St. 7(R)

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The awards, presented at the regional forums “SPRING” and “PLUS-Forum Digital Uzbekistan,” highlight international recognition of the NBG’s initiatives aimed at fostering financial innovation and strengthening Georgia’s role as not only a logistical hub within the Middle Corridor, but also as a regional financial and technology hub.Both events are regarded among the most significant regional platforms, bringing together representatives of central banks, financial institutions, fintech companies, technology businesses, and international organizations. The forums focused on key topics including financial technologies, digital transformation, open banking, digital payments, cybersecurity, central bank digital currencies (CBDC), artificial intelligence, and regional cooperation.PLUS-Forum Digital Uzbekistan is considered one of the largest fintech and digital economy events in Central Asia. The forum convenes representatives from both the public and private sectors, banks, international payment systems, and technology companies, with a particular focus on promoting international cooperation and supporting innovative projects across the region.SPRING has also established itself as one of the leading innovation and technology platforms in the South Caucasus, focusing on financial technologies, startup ecosystem development, and regional connectivity.Within the framework of both forums, the Head of the Financial and Supervisory Technologies Development Department of the National Bank of Georgia, Varlam Ebanoidze, participated in panel discussions and working sessions addressing regional financial integration, open banking, digital payments, and innovation development.“For several years, the National Bank of Georgia has been actively promoting the development of open banking and open finance, the introduction of innovative financial services, the strengthening of the fintech ecosystem, and the digital transformation process. These awards underscore the NBG’s efforts in supporting innovation, developing modern financial infrastructure, and strengthening the country’s regional positioning. This recognition further confirms Georgia’s growing role in shaping a regional financial and technological hub. As an important part of the Middle Corridor, Georgia is increasingly positioning itself as a country that enhances financial, trade, and digital connectivity between Europe and Asia,” stated Varlam Ebanoidze.

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According to the ministry, during the syndication process, due to high demand, it became possible to reduce the yield of the securities in two stages and equalize it with the market price. The activity of non-resident investors at the auction amounted to GEL 850 million.As a result of the final allocation of treasury bonds with a maturity of 5.9 years, 65% of the total issue was distributed to non-resident investors, while the remaining 35% was purchased by local residents. In terms of geography, 76% of foreign investors are residents of the United Kingdom, 19% are residents of the United States, and 5% are residents of the European Union.By investor category, 64% of the issued bonds were purchased by international asset management companies, 24% by local insurance and pension funds, 11% by commercial banks, and 1% by international financial institutions (IFIs).The agency explains that the purpose of the aforementioned issue was to further develop the securities market, structurally diversify the investor base, and attract more non-residents to the market.According to the ministry, the aforementioned syndication was carried out within the framework of the annual net increase in domestic debt (GEL 1.8 billion) determined by the 2026 state budget. Accordingly, the aforementioned transaction will not result in attracting additional resources for the budget or an increase in domestic debt above the plan.

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The Notes are denominated in USD and are expected to settle on 3 June 2026. The Notes are being issued in accordance with Reg S/Rule 144A and priced at 99.475% of the principal amount.The transaction attracted strong investor demand across international institutional accounts, with the orderbook over 3x oversubscribed at peak during the execution. Interest on the Notes will be payable semi-annually.Citigroup and J.P. Morgan are acting as Joint Lead Managers and Bookrunners for the Notes, and JSC Galt & Taggart is acting as Joint Lead Manager. Sidley Austin LLP is acting as the legal advisor to the Joint Lead Managers in respect of English and United States federal law and Dentons Georgia LLC is acting as the legal advisor to the Joint Lead Managers in respect of Georgian law. Baker & McKenzie LLP is acting as the legal advisor to the Bank in respect of English and United States federal law and Andersen is acting as the legal advisor to the Bank in respect of Georgian law.The Notes are expected to be listed on the Irish Stock Exchange and are rated Ba2 by Moody’s Investors Service Ltd.

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The NBG's report includes an overview of monetary, foreign exchange, and supervisory policies, as well as audited financial statements.In her report, Natia Turnava reviewed the main directions that guided the NBG in 2025. She began her speech by discussing the core objective of the NBG price stability and noted that the average annual inflation in 2025 amounted to 3.9 percent, while the indicators reflecting long-term inflation expectations, including core and services inflation, remained close to the target level."Despite global challenges and the impact of developments in the Middle East, inflation expectations are manageable, which was facilitated by the monetary policy implemented by the NBG. For this very purpose, in response to the current situation, in May 2026, we increased the monetary policy rate by 0.25 percentage points to 8.25 percent, so that once supply-side shocks dissipate, inflation can quickly return to the target level of 3 percent," stated Natia Turnava.The Governor of the NBG also focused on the positive trends regarding economic growth and macroeconomic stability."Despite severe geopolitical shocks, the Georgian economy maintains its resilience, and economic growth remains high. In 2025, the current account deficit narrowed to a historically low 2.6 percent of GDP, while foreign direct investment increased by 7.6 percent year-on-year to 4.4 percent of GDP. Strong macroeconomic fundamentals enabled us to significantly replenish international reserves. By the end of 2025, international reserves reached USD 6.16 billion, and in February 2026, they hit a historic maximum of USD 6.65 billion," noted Natia Turnava.Within the framework of the report, the Governor of the NBG also spoke about the measures taken to reduce financial dollarization, noting that as of April 2026, the dollarization of loans had decreased to 42.5 percent, and the dollarization of deposits to 46.6 percent.Natia Turnava drew attention to the resilience and profitability of the banking sector, noting that by the end of 2025, the credit portfolio of the banking system, excluding the exchange rate effect, had increased by 14 percent, while the return on equity amounted to 22.3 percent.During the report, the NBG Governor also discussed the measures implemented in the following areas: consumer rights protection, the development of the securities market, strengthening the supervisory framework of the pension fund, upgrading payment infrastructure, supervision of virtual asset service providers, and the development of financial technologies.According to her statement, in 2025, the NBG actively continued to deepen international cooperation at the regional and global levels, which is crucial for Georgia's positioning as a regional financial hub.Following the conclusion of the report, the Governor of the National Bank of Georgia answered questions from the Members of Parliament.

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According to her, this stability is also confirmed by the unchanged forecast of economic growth, while the maximum neutralization of the influence of external factors is constantly being carried out.The head of the NBG also spoke about the inflation dynamics and noted that the indicator of rigid prices remains close to the target of 3%. In addition, against the background of strong foreign exchange inflows, the GEL is characterized by a strengthening trend, which reduces the pressure of imported inflation."We assume that oil prices will remain within the current range. As a result, inflation will begin to decline from the third quarter of this year and return to the target of 3% during the next year," - said Natia Turnava.The President of the National Bank added that this forecast is conditional and significantly depends on external factors, although domestic macroeconomic parameters provide grounds for optimism.

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