MFO Central has violated the reporting rules: in 1 case, it submitted documentation to the supervisor late. In 2 cases, it submitted information to the NBG incorrectly.Accordingly, it was fined with GEL 2,000 three times and has to pay a total of GEL 6,000.Some of MFO's Pakistani owners also have Georgian citizenship.MFO Central is represented in the microfinance market with up to 6 million GEL capital, 14.2 million GEL assets, including a loan portfolio of GEL 6.8 million. Interest income (2,237,830 GEL) is mainly from the pawnshop (1,365,790 GEL).

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The dividend will be paid in pounds sterling to holders of ordinary shares of TBC PLC of record on the shareholders’ register at the close of business on 23 October 2026.The ex-dividend date is 22 October, the record date is 23 October, the currency conversion date is 6 November and the payment date is 20 November.The GEL/GBP exchange rate to be used for the payment of the 2026 Q2 dividend in GBP will be determined by the 5-day average of the official exchange rate published by the NBG, covering the period from November 2 to November 6, 2026.

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As stated in the joint declaration, the Foreign Ministries reaffirm their full support for Georgia’s sovereignty and territorial integrity within its internationally recognised borders.“August 7th is a date when we remember the grave consequences of Russian imperialism. On this day in 2008, the Russian Federation took military action against Georgia, further damaging Georgia’s territorial integrity by occupying the Georgian regions of Abkhazia and South Ossetia.18 years after the Russian aggression, we reaffirm our full support for the sovereignty and territorial integrity of Georgia within its internationally recognised borders. We welcome the Republic of Naoero’s decision to withdraw its recognition of the so-called independence of Abkhazia and South Ossetia. We urge states that have established diplomatic relations with these entities to follow this example.We reiterate our condemnation of Russia’s ongoing military presence in the occupied breakaway regions of Abkhazia and South Ossetia in violation of international law as well as Russia’s obligations under the six-point agreement of 12 August 2008. Russia’s ongoing militarisation of Georgia’s occupied territories poses a serious threat to the security of Georgia and to regional and European stability.In October 2025, the European Court of Human Rights found the Russian Federation guilty of many violations committed in the occupied breakaway regions, including excessive use of force, ill-treatment, unlawful detention and unlawful restrictions on day-to-day movement across the administrative boundary line between Georgian-controlled territory and Russian-occupied territory. We urge Russia to implement the rulings of the European Court of Human Rights relating to this situation and to fully fulfil the commitments it made on August 12 and September 8, 2008,” the statement reads.Furthermore, the Foreign Ministries of France, Germany, Italy, and the United Kingdom expressed grave concern over the recent agreement signed between Moscow and the de facto authorities of South Ossetia, describing it as a clear violation of international law.“We are concerned about the latest developments in South Ossetia. The “Agreement on Deepening Alliance and Cooperation” signed on May 9, 2026, between Moscow and the de facto authorities of South Ossetia further violates Georgia’s sovereignty and territorial integrity, in clear breach of international law. This document, as well as the appointment of a Russian citizen to head the region, raises concerns about a possible full-fledged annexation of the region, which would not go unanswered.We reaffirm our support for the “Geneva International Discussions” (GID) platform, co-chaired by the European Union, the OSCE, and the United Nations. This is the only framework that will enable the parties to work towards conflict resolution. We commend the work of the European Union Monitoring Mission in Georgia (EUMM), and we will continue to support the role of the mission,” the joint statement concludes.

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International reserves are a crucial guarantor of the country's macroeconomic stability. Consequently, the long-term policy of the National Bank of Georgia (NBG) remains focused on reserve accumulation and the efficient management of reserve assets. The NBG replenishes foreign exchange reserves when FX market conditions and the macroeconomic environment allow. Throughout 2026, driven by favorable FX market conditions, the NBG has been actively accumulating reserves, with total net purchases during January-June amounting to USD 2,078.4 million. The net purchase statistics for July 2026 will be published on August 25.Notably, in 2024, the NBG diversified its reserves by making its first-ever investments in gold, a strategic decision by the central bank. Since then, the price of gold assets has risen significantly, further boosting gross international reserves. In June 2026, the NBG purchased an additional USD 100 million worth of monetary gold for its gross international reserves. As a result, as of July 2026, the share of gold in total international reserves stands at 13.5 percent (USD 1,014.1 million).The National Bank of Georgia will publish the updated data on gross international reserves on September 7, 2026.

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Finnish Foreign Minister Elina Valtonen wrote on X that, since Russia’s 2008 invasion, Abkhazia and the Tskhinvali region (“South Ossetia”) have remained under occupation.“Finland firmly supports Georgia’s sovereignty and territorial integrity. We call on Russia to fulfill its obligations under the 2008 ceasefire agreement,” Valtonen said.A statement in support of Georgia was also issued by the Latvian Ministry of Foreign Affairs. The ministry emphasized that Latvia will continue to support the Georgian people in their efforts to resist Russian occupation forces and their allies.“On the 18th anniversary of Russia’s aggression against Georgia, Latvia reaffirms its support for the sovereignty and territorial integrity of Georgia and strongly condemns the occupation of South Ossetia and Abkhazia,” the statement reads.Latvian Foreign Minister Baiba Braže also addressed the issue on social media.“18 years have passed since Russia launched its military aggression against Georgia. Despite this, 20% of Georgia’s territory remains under Russian occupation. Latvia will never recognize this and unwaveringly supports Georgia’s sovereignty, territorial integrity and internationally recognized borders,” Braže wrote.During the August 2008 Russia-Georgia war, 170 servicemen of the Georgian Ministry of Defense, 14 employees of the Ministry of Internal Affairs, and 224 civilians were killed. The total number of wounded and injured civilians and military personnel reached 2,232, including 1,045 servicemen.Today, 20% of Georgia’s internationally recognized territory remains occupied. The Russian Federation continues to occupy and militarize Abkhazia and the Tskhinvali region, carrying out illegal military exercises, strengthening the occupation line with barbed wire and various artificial barriers, and continuing the practice of illegal detention and abduction of local residents.Shortly after the end of the war, Russia recognized the independence of Abkhazia and “South Ossetia,” despite the fact that the international community continues to firmly support Georgia’s territorial integrity and sovereignty within its internationally recognized borders.

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According to the NBG's monthly review, in June the interest rate on foreign currency loans to legal entities decreased by 0.1 percentage points, to 9.6%.The interest rate on a legal entity loan in the national currency is 12.6%, mortgages - from 11.5%.The review also notes the acceleration of foreign currency lending, the pace increased by 0.4 percentage points, to 14.2%, and by 0.2 percentage points in the national currency.

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