Georgia to allocate the lari equivalent of $1.712m for Eurobond refinancing bank fees
Georgia’s government will allocate the lari equivalent of $1.712 million to the finance ministry to pay international banks for Eurobond refinancing services. The money comes from the government reserve fund established under the 2026 budget law. The decree is dated September 28; BM.GE reported it on October 6.
In spring 2026, the government repaid a $500 million Eurobond early by issuing new debt securities. The allocation covers bank fees for that operation. Participants in the refinancing included Citi, Barclays, JP Morgan, HSBC, ICBC, BofA Securities, BNP Paribas and other international banks.
Related directory categories: Banks in Tbilisi.
Sources: Source publication.
Read also
MBC seeks exemption for institutional deposits from GEL 100,000 cap
BMG reports MBC's founder proposes exempting deposits from banks and international financial institutions from a GEL 100,000 cap. It remains a proposal.
Credo Bank places $10 million in perpetual AT1 bonds
BMG reports Credo Bank placed $10 million in perpetual subordinated AT1 bonds. Institutional investors bought 54% of the issue, private investors 46%.
Georgia's microbanks hope to cut business-loan threshold from 70% to 50% of portfolio
BMG says Georgia's microbanks expect parliament to lower the business-loan share of portfolios from 70% to 50%, while the NBG considers easing the rules.
Georgia's gross external debt reached $28.2 billion at end-June 2026, or 69.3% of GDP
National Bank of Georgia: gross external debt was $28.2 billion at 30 June 2026, or 69.3% of GDP; 83.1% of it is denominated in foreign currency.
NBG Fines Virtual Asset Provider Bitexchange 572.118 Million Lari for AML/CFT Breaches
The National Bank of Georgia fined Bitexchange GEL 572.118 million for breaches of anti-money laundering and counter-terrorist financing requirements.
Georgia and UAE Central Banks Sign Memorandum on Financial and Supervisory Cooperation
The National Bank of Georgia announced a memorandum with the UAE central bank on October 13. Signed in Bangkok, it covers financial and supervisory cooperation.
0 comments
Log in to leave a comment