Georgia abstained from the UN resolution on the withdrawal of Israeli troops from Palestine

After the regulations adopted between 2018-2019, large-scale problems with these loans are no longer observed. The regulations, with a campaign to combat over indebtedness, supposedly served to protect consumers, have yielded results. Fewer people from small and medium incomes have access to loans.The volume of deposits in the bank portfolio has increased, to 516.4 million GEL (01.08.2024 - 422. million GEL).

1756901030

The increase was observed in the production value of the business sector as well. In the II quarter of 2025, production value equaled 23.2 billion GEL, which is 13.0 percent more year-on-year.In the II quarter of 2025, large businesses generated 68.1 percent of total turnover, while medium size businesses generated 14.9 percent, and 17.0 percent was generated by small business. A distribution was different in case of total production value: 46.8 percent was on large businesses, 24.1 percent — on medium, and 29.1 percent — on small businesses.In the II quarter of 2025, total purchases of goods and services carried out by enterprises equaled 31.0 billion GEL (year-on-year 9.3 percent more), while the purchase of goods and services for resale amounted to 17.8 billion GEL (year-on-year 4.6 percent more).In the II quarter of 2025, the average number of persons employed in business sector equaled 795.6 thousand, which is year-on-year 3.3 percent more. Out of the total number of persons employed, 44.1 percent were female and 55.9 percent were male.Large businesses employed 42.9 percent of total number of persons, while 20.4 percent were employed by medium, and 36.7 percent — by small businesses.The total number of employees amounted to 745.3 thousand (year-on-year 2.9 percent more) and the total personnel costs of enterprises equaled 5 284.0 million GEL (year-on-year 13.5 percent more).In the II quarter of 2025, average monthly remuneration of employed persons equaled 2 317.6 GEL (212.2 GEL increase year-on-year) while remuneration specifically for employed women was 1 783.5 GEL (147.2 GEL increase year-on-year). Average monthly remuneration of employed persons by size of enterprises is as follows: Large business — 2 466.9 GEL Medium size business — 2 741.8 GEL Small business — 1 823.3 GEL

1756900622

According to the survey results, 87.9% of the population aged 6 years and older has used the internet within the last 3 months, an increase of 3.2 percentage points compared to the previous year. The percentage of this indicator equals to 91.6 % in urban and 81.8% in rural areas. This indicator is 88.2% for women and 87.6% for men. Among different age groups, the indicator is highest in the 15-29 age group, at 99%.Among the population aged 15 years and older who have used the internet within the last 3 months, 95.4% use the internet every day or almost every day, 4.3% use it at least once a week (but not every day), and 0.4% use it less frequently (less than once a week).According to the survey results, among the population aged 15 years and older who used internet within the last 3 months, the main reasons for internet use are: telephoning over the internet/video calls over the internet (97.2%), participating in social networks (96.0%), internet banking (55.7%), seeking health-related information (52.1%), finding information about goods and services (47.7%), reading online news/newspapers/magazines (45.3%), sending/receiving e-mails (38.5%), downloading software or applications (other than games software) (13.7%) and looking for a job or sending/submitting a job application (11.0%).Among the population aged 15 years and older who have used internet within the last 12 months, 37.4% have purchased or ordered goods or services. This figure varies by type of settlement: 43.4% in urban areas and 26.1% in rural areas. By gender, the values are 41% for women and 33.3% for men. The figures also vary by age groups: 61.1% for those aged 15-29, 38.3% for those aged 30-59, and 15.3% for 60 years and older.Among internet users aged 15 years and older who have used the internet within the last 3 months, 99.5 percent have used a mobile device (mobile phone, laptop, tablet, etc.) to connect to the wireless Internet. This indicator is 99.6 percent for women and 99.5 percent for men.According to the survey results, 58.8 percent of households have a computer. This indicator is 67.2% in urban areas and 47.2% in rural areas. Among the regions, the highest values are observed in Tbilisi and Adjara, at 70.9% and 69%, respectively.Among the population aged 6 years and older, 49.5 percent have used a computer in the last 3 months. The indicator varies by type of settlement, with 58.2% in urban and 34.9 % in rural areas. By gender, the indicator is 49.5% for women and 49.4% for men. Among age groups, the highest share of computer users is found in the 6-14 age group, at 87.6%.Among the population aged 15 years and older who used computer within the last 3 months, 71.4% use a computer every day or almost every day, 19.9% use it at least once a week and 8.7% use it less frequently (less than once a week).According to the survey results, 92.7 percent of the population aged 6 years and older own a mobile phone, an increase of 1.9 percentage points from the previous year. This indicator increased by 1.5 percentage points in urban and by 2.4 percentage points in rural areas, reaching 94.8% and 89.1%, respectively.

1756900470

With regard to the annual core inflation, the prices increased by 3%, while the annual core inflation without tobacco amounted to 2.8%.The annual inflation rate was mainly influenced by price changes for the following groups:Food and non-alcoholic beverages: the prices in the group increased by 10.0 percent, contributing 3.35 percentage points to the overall annual inflation rate. Within the group the prices increased for the followingsubgroups: fruit and grapes (15.3 percent), oils and fats (14.8 percent), coffee, tea and cocoa (13.1 percent), milk, cheese and eggs (11.8 percent), fish (10.8 percent), vegetables (10.8 percent), sugar, jam, honey, chocolate and confectionery (10.2 percent), bread and cereals (9.4 percent), mineral waters, soft drinks, fruit and vegetable juices (8.4 percent), meat (3.2 percent);Health: the prices increased by 9.3 percent, contributing 0.78 percentage points to the overall index. The prices were higher for the following subgroups: out-patient services (10.8 percent), hospital services (9.2 percent), medical products, appliances and equipment (7.9 percent);Alcoholic beverages and tobacco: the prices increased by 4.7 percent, with the relevant contribution of 0.3 percentage points to the overall annual inflation rate. The prices increased for both tobacco (5.5 percent) and alcoholic beverages (4.0 percent);Transport: the prices for the group decreased by 2.4 percent, contributing -0.31 percentage points to the overall index. Within the group the prices decreased for operation of personal transport equipment (-3.9 percent). At the same time, prices increased for purchase of vehicles (0.5 percent) and transport services (0.3 percent).

1756900371

Lion Finance Group (BGEO LN) shares closed at GBP 73.30/share (- 2.85% w/w and -2.72% m/m). More than 214k shares traded in the range of GBP 72.80 - 76.20/share. Average daily traded volume was 57k in the last 4 weeks. The volume of BGEO shares traded was at 0.48% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 43.75/share (- 4.68% w/w and -9.89% m/m). More than 402k shares changed hands in the range of GBP 43.75 - 45.70/share. Average daily traded volume was 91k in the last 4 weeks. The volume of TBCG shares traded was at 0.71% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 22.75/share (-2.36% w/w and +6.56% m/m). More than 1.2mn shares traded in the range of GBP 22.15 - 23.45/share. Average daily traded volume was 142k in the last 4 weeks. The volume of CGEO shares traded was at 3.07% of its capitalization.

1756727940

Foreign-currency mortgages have also become more expensive. If last year hedged borrowers could access loans for property purchase or renovation at 7–7.4%, as of August the average rate for mortgages with maturities of up to 10 years stands at 8.2%. For loans with a maturity of 10–15 years, the rate is slightly lower, at 7.95%. However, since autumn 2022, such loans are no longer issued as standard.As you know, mortgages in lari are available for terms longer than 10 years, while foreign-currency mortgages are limited to up to 10 years.Just 4–5 years ago, foreign-currency mortgages were approved at only 4–6%, up until spring 2022.

1756291654

This marks his first share sale since the company was established in May 2018.As a result of the transaction, Gilauri now directly owns 1,808,414 ordinary shares, compared to 2,131,709 shares prior to the sale.According to Neil Janin, Chairman of GCAP’s Remuneration Committee, over time, Irakli Gilauri has accumulated a significant ownership in Georgia Capital despite not receiving any cash compensation during the past seven years. Therefore, the Remuneration Committee encouraged Gilauri to sell part of his shares in Georgia Capital.Gilauri confirmed that, over time, he plans to sell up to 625,000 Georgia Capital shares.At the beginning of August, Gilauri held a total of 3,126,503 shares, of which 2,131,709 shares were directly owned, while 994,794 shares had not yet been transferred (held as zero-cost options) and will be granted over the coming years in line with the company’s remuneration policy.Gilauri accumulated these shares in Georgia Capital and its predecessor, Bank of Georgia, during his 20-year career through various means: cash purchases (213,523 shares), deferred salary shares (zero-cost options), and equity bonuses – initially at Bank of Georgia, and later at Georgia Capital.Following the planned share sale and the allocation of 2025 salary shares, Gilauri is expected to hold around 2.7 million shares.

1756291402

According to the statistics of the NBG, loans issued to resident legal entities amounted to 29.6 billion GEL, of which the equivalent of 18.8 billion GEL was issued in foreign currency. Out of this amount, nearly 13 billion GEL is in USD, and the equivalent of 6.1 billion GEL in euros.As of August 1, 2025, banks’ retail portfolio stood at 34.2 billion GEL (compared to 29.7 billion GEL on August 1, 2024).The overall loan larization ratio (share of GEL-denominated loans) was 57.6% (August 1, 2024 – 55.76%).

1756291218