The placement was conducted in the domestic market in accordance with local regulations and represents the second tranche of a USD 100 million issuance programme. The first tranche was successfully placed in February 2026.Key details of the Notes are as follows: Denomination: USD, with a face value of USD 10,000 per Note. Minimum Investment: A minimum purchase quantity of five (5) Notes. Term: The Notes are perpetual, with an option for the Bank to call them for early repayment after the fifth year. Coupon: An 8.0% coupon rate, payable semi-annually. Ameriabank CJSC acted as the arranger for the placement. The Notes will be listed on the Armenia Securities Exchange."Following the success of the first tranche, the second tranche of AT1 notes was also fully allocated well ahead of the planned timeline, further demonstrating Ameriabank's strong franchise value and the high level of investor trust in the Bank. The second tranche was placed at a yield to maturity (YTM) 50 basis points lower than the first tranche, reflecting robust investor demand. By further strengthening our capital position, this transaction enhances our financial resilience and provides greater capacity to support our growth”, - Hovhannes Toroyan, Ameriabank's CFO, commented.“This second AT1 issuance at a lower coupon rate underscores the market's confidence in Ameriabank's credit fundamentals and capital strength. The transaction enhances our financial flexibility and supports sustained growth across the Armenian market. I would like to thank the Ameriabank team for their excellent execution of this transaction”, - Giorgi Shagidze, Group CFO said.

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From May 19, the deadline for submitting the calculation of minimum reserves to the National Bank of Georgia has become June 18.According to central and commercial bankers, the reduction, which frees up $250 million for the sector, will not affect loans.It will potentially be transferred to deposits, although given the high deposit margins, it does not pose a risk of slowing the pace of larization.Moreover, the norm increased to 25% was already temporary, as it was announced when it was introduced (the purpose - to contain dollarization before the elections).According to the National Bank of Georgia statistics, as of June (01.06.2026), banks have 6.8 billion lari in deposits at the National Bank, of which 5.6 billion lari are required reserves.

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According to GeoStat, the sectors that made the most significant positive contributions to growth in the first quarter of 2026 were Information and Communication (36.0 per cent), Transport and Storage (18.0 per cent), Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (5.5 per cent), Financial and Insurance Activities (11.7 per cent), and Arts, Entertainment and Recreation (14.5 per cent).Conversely, the sectors that saw a notable contraction were Agriculture, Forestry and Fishing (-3.3 per cent) and Construction (-2.0 per cent).The agency’s report notes that within the sectoral structure of GDP, the largest shares were held by Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (13.2 per cent) and Information and Communication (10.4 per cent). These were followed by Real Estate Activities (10.0 per cent), Manufacturing (8.2 per cent), Public Administration and Defence; Compulsory Social Security (7.2 per cent), Education (6.5 per cent), Construction (6.4 per cent), Transport and Storage (6.1 per cent), and Financial and Insurance Activities (5.9 per cent).

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GeoStat reports that domestic exports, excluding re-exports, accounted for 62.1 per cent of total exports. This figure increased by 66.1 per cent compared to the corresponding period of the previous year, reaching USD 1,929.1 million.According to the agency’s report, the share of the top ten largest countries constituted 66.9 per cent of Georgia’s total domestic exports in January–May 2026. In this regard, the largest export partners are China with USD 317.4 million, Russia with USD 229.0 million, and Turkey with USD 207.2 million.Information from GeoStat shows that petroleum and petroleum products ranked first at USD 352.2 million among the top ten domestic export commodities in January–May 2026. This commodity group’s share accounted for 18.3 per cent of total domestic exports. Precious metal ores and concentrates ranked second at USD 255.6 million, while ferro-alloys took third place at USD 130.8 million.

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In January-May 2026, the share of the ten largest export partner countries in Georgia's total exports amounted to 70.3%. The top three exporters were as follows: Kyrgyzstan - $355.2 million China - $327.5 million Azerbaijan - $269.3 million In January-May 2026, the share of the ten largest import partner countries in Georgia's total imports amounted to 70.9%. The top three include: Turkey - $1.16 billion Russia - $983.4 million China - $849.7 million In January-May 2026, the share of the ten largest trading partner countries in Georgia's total foreign trade turnover amounted to 66.5%. The country's largest trading partners are: Turkey - $1.38 billion Russia - $1.23 billion China - $1.17 billion In January-May 2026, the top ten export commodity groups were passenger cars with $734.6 million, which accounts for 23.6% of all exports. Second place is taken by oil and petroleum products with $366.6 million (11.8% of all exports), and third place is taken by precious metal ores and concentrates with $255.6 million (8.2%).The largest import commodity group in January-May 2026 was passenger cars, the imports of which amounted to $1.25 billion and 17.1% of all imports. Second place is taken by oil and petroleum products with $635.5 million (8.7% of imports), and third place is taken by medical products with $295.9 million (4% of imports).

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GeoStat reports that, compared to April 2026, prices fell by 0.5 per cent in the mining and quarrying sector, contributing -0.04 percentage points to the change in the overall index. Over the same period, prices rose by 0.6 per cent for manufacturing products, contributing 0.5 percentage points to the change in the total index. In addition, a 4.8 per cent price decrease was recorded in the electricity, gas, steam and air conditioning group, which contributed -0.48 percentage points to the monthly index change.Over the 12 months, the movement of the index was primarily driven by price changes across four key sectors. In mining and quarrying, prices rose by 24.6 per cent, contributing 1.65 percentage points to the overall index change, with a notable 29.7 per cent increase observed for metal ores. Manufacturing products saw a 6.5 per cent price rise, adding 5.2 percentage points to the total index growth, driven partly by higher prices for food products and beverages, which rose by 6.5 per cent and 4.0 per cent respectively. Additionally, prices for electricity, gas, steam, and air conditioning increased by 1.0 per cent, adding 0.1 percentage points to the annual change. Finally, water supply, sewerage, waste management, and remediation services experienced a 6.4 per cent price increase, impacting the overall index by 0.2 percentage points.

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