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Tag Archives: Payments

Georgians Spent 87 Million GEL by Cards Abroad

Clients of Georgian banks spent 87 million GEL by credit cards in August abroad  (08/16- 84,5 million, +3% m.m). According to National Bank statistics, transaction by credit cards in September 2016 is similar to the same data in the previous year (09/16 – 87,009 million). Withdrawal of the money amounts …

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Trade and Payments balance- Positive: Economy Minister Says

Trade and Payments balance- Positive: Economy Minister Says

Minister of Economy sees a positive trend in the trade balance. According to Dimitri Kumsishvili, trade turnover of 8 months (excluding Hepatitis C Program) has improved trade balance. “Our trade turnover of 8 months is declined by 11% in the part of export, however it is reduced in the part of …

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