Kobakhidze Cancels Meeting with Finnish Foreign Minister

According to the Ministry of Finance, the discussion centred on ongoing and planned projects supported by the World Bank across both the public and private sectors. These encompass initiatives focused on developing road infrastructure, boosting connectivity, and strengthening human capital, among other areas.“The Minister of Finance briefed the Vice President on Georgia’s current macroeconomic situation and medium-term forecasts. Notably, the World Bank recently revised Georgia’s economic growth outlook upwards to 7%,” the Ministry stated.The Vice President of the Bank highlighted the significance of ongoing cooperation with Georgia and expressed optimism that the supported projects will foster sustainable development within the country’s economy.“Roland Price, Regional Director of the World Bank for the South Caucasus, Ekaterine Guntsadze, Deputy Minister of Finance, Vakhtang Tsintsadze, Deputy Minister of Economy and Sustainable Development, and Tamar Taliashvili, Georgia’s Ambassador to the United States, attended the meeting,” the Ministry added.

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Ms. Kalia brings a strong blend of financial, technological, strategic, and governance expertise, developed through senior executive and non-executive positions at leading institutions including Goldman Sachs, Credit Suisse, the Money and Pensions Service, and LifeSight Ltd. She has extensive hands-on leadership experience in fintech innovation, digital transformation, and data-driven business models, complemented by deep knowledge of regulatory compliance and risk management.Arne Berggren, Chairman of the TBC Bank Group PLC Board, said: "We are thrilled to have Monica Kalia join TBC. Her unique experience and perspectives will enrich the Board's capabilities and play an important role in advancing the Group's long-term ambitions."TBC PLC confirms that there are no further details that are required to be disclosed under LR 9.6.13R of the Listing Rules of the Financial Conduct Authority.Following her appointment, Committees composition shall change as follows with the effect of 1 November 2025:

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At the end of 2024, cash held by enterprises engaged in financial services amounted to 2.9 billion GEL. At the same time, fixed and non-produced assets balance sheet value reached 2.5 billion GEL.In 2024, average number of employees of enterprises engaged in financial services equaled 42.5 thousand, of which 65.9 percent were females.In 2024 insurance companies earned premium (gross) of 1.1 billion GEL, of which: 41.7% - was attributable to medical (health) insurance 11.8% – to property insurance 9.2% – to life insurance 6.7% – to motor third party liability 1.4% – to accident insurance and the rest (29.2%) was allocated to other types of insurance.In 2024, incurred claims (gross) incurred by insurance companies amounted to 707.6 million GEL, of which: 52.6% - was assigned to medical (health) insurance 5.5% – to life insurance 4.6% – to motor third party liability 4.5% – to property insurance 0.3% – to accident insurance and the rest (32.5%) was allocated to other types of insurance.

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Of this total, exports reached USD 5,151.3 million, representing a 7.7% rise. Imports amounted to USD 13,393.6 million, a 9.7% increase.The trade deficit for January to September 2025 was USD 8,242.3 million, 44.4% of the total foreign trade turnover.

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According to the press release, the OSCE Chairperson-in-Office will have meetings with high-level government officials.The agenda includes, among other items, the progress in the Armenia-Azerbaijan peace process, with particular attention to the conclusion of the OSCE Minsk Process and its related structures.In Georgia, the meetings will centre on the country’s internal and external challenges, with a particular emphasis on the ongoing support of the OSCE for the Geneva International Discussions to address the aftermath of the 2008 war.“Finland, as Chair of the OSCE in 2025, places strong importance on safeguarding civic space and ensuring an enabling environment for civil society. This priority will be underlined throughout the visit,” the OSCE statement reads.

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Lion Finance Group (BGEO LN) shares closed at GBP 77.85/share  (+2.37% w/w and +1.90% m/m). More than 190k shares traded in the range of GBP 76.70 - 79.15/share. Average daily traded volume was 57k in the last 4 weeks. The volume of BGEO shares traded was at 0.43% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 44.50/share (- 1.00% w/w and -0.11% m/m). More than 355k shares changed hands in the range of GBP 44.30 -45.45/share. Average daily traded volume was 115k in the last 4 weeks. The volume of TBCG shares traded  was at 0.63% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 23.70/share (+0.00% w/w and -0.21% m/m). More than 172k shares traded in the range of GBP 23.20 - 24.20/share. Average daily traded volume was 49k in the last 4 weeks. The volume of CGEO  shares traded was at 0.44% of its capitalization.

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“We saw great hysteria from the defenders of the National Movement, but October 4 gave us a sea of evidence. We reviewed the failed coup attempt not only from the perspective of restoring law and order, but also in detail with our lawyers. Evidence has been added that the National Movement is an extremist force undermining Georgian democracy and the state,” Papuashvili said.He also criticized international actors, claiming that foreign silence is a result of their indirect involvement in the events of October 4. “Foreigners realized they had created additional evidence against the National Movement and were involved as accomplices, which is why they remain silent,” Papuashvili added. He further urged opposition figures to reflect on their actions and consider whether they may have committed criminal offenses during the unrest.The move follows earlier statements by Georgian Dream prior to the 2024 parliamentary elections, when party leaders promised that the UNM and its satellite parties would be declared unconstitutional if the ruling party gained a constitutional majority. In March 2025, Mamuka Mdinaradze submitted a draft law to parliament seeking to ban the successors of the UNM from participating in elections.

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In 2024, the median earnings is 32.4 percent lower than the average monthly earnings.According to the economic activity in 2024, the highest median earnings were observed in the following fields: Public administration and defence; compulsory social security – 2,128 GEL Mining and quarrying – 2,069 GEL Information and communication – 1,983 GEL Construction – 1,943 GEL Financial and insurance activities – 1,919 GEL

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