Commercial banks have raised interest rates on individual loans. Namely, in February the annual interest rate on a long-term (+10 years) GEL denominated mortgage loan made up 15.71% on average, up 204 base points compared to the previous month (13.67% as of 01.01.2016). The auto loan (up to 10 years) …

When it comes to crossing international frontiers, there’s one travel document that opens more doors than any other. With a Georgian passport, travelers can enter 67 out of 218 countries and territories without a visa, according to the 2016 Visa Restrictions Index. German citizens, it seems, have the potential for the greatest …

The price of Georgia’s sovereign bonds has increased to 105.2 USD (w.w). Last week (15-20 February), the yield on Georgia’s sovereign bonds marked 5.7% (L/w – 5.8%). The yield on GEORG bonds rose by 0.6% (L/w –USD 104.6). Different trends are demonstrated by bonds of the neighboring countries. Namely, Azerbaijan’s …

The price of TBC Bank shares (TBCB LI) at the London Stock Exchange (LSE) has increased. In the previous week, the TBC Bank shares were traded at 8.75 USD-10.35 USD. The session week closed by 9.04 USD (+0,44%  w/w;  -10,5% m/m).  During the reporting week deals were made on more than …