At this stage, TBC and the Bank of Georgia are only informing their customers about the change. Other banks have not yet made a decision on paid payments, or are in no hurry to announce it.According to TBC, when paying with a debit card in the national currency (GEL) on international channels, the maximum fee is set at GEL 10 (1.5%, max GEL 10). Purchases of GEL 5 are free of charge.When paying with a debit card through international e-commerce or/at a POS terminal, the 1.5% fee applies only to GEL. When choosing a foreign currency for payment (USD, EUR, GBP ...), the commission is 0%. The change also applies to the purchase of services, including air tickets. For example: on WizzAir.No cards are exempt, including student cards.The bank asks us to take into account that during the payment process, only the transaction amount will be visible to the user, without the commission. The corresponding commission will be deducted independently of the transaction.In addition, in the event of a refund of the transaction amount to the user's account by a foreign trade/service facility, the commission will not be returned to the user.

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The meeting focused on the official launch of Bybit’s operations in the Georgian market. As Natia Turnava noted, for the NBG it is a priority not only to safeguard financial stability but also to facilitate the entry of new market participants and promote greater competition.“We welcome the entry of such companies into the Georgian market. This once again confirms that our business environment is highly attractive, while our regulatory framework supports the development of financial technologies. It is also important that alongside the traditional banking sector, the non-bank financial sector is developing rapidly, including virtual asset service providers. One of them is Bybit, a leading company in the crypto-asset market with millions of users. The entry of such a company means greater competition and more accessible products in the payments sector,” said Natia Turnava.As noted during the meeting by Bybit’s Co-Founder and CEO, the licensing process in Georgia is strict and detailed, yet at the same time transparent and predictable, which is particularly important for international companies.“The National Bank of Georgia is one of the most progressive and innovation-oriented regulators in the region. The transparent and predictable regulatory environment it has created encourages international companies, including Bybit, to operate and invest in the country,” said Ben Zhou.According to Bybit’s Co-Founder and CEO, the company plans to implement a number of initiatives in Georgia, including educational partnerships, training sessions and workshops, as well as internship and professional development programmes. These initiatives will also focus on raising awareness of digital asset services within a regulated framework, encouraging responsible participation, and creating new employment opportunities.The meeting was attended by Nino Jeladze, Vice Governor of the National Bank of Georgia, Beka Dochviri, Executive Director of the National Bank of Georgia, heads of NBG departments, as well as Shota Lomtadze, Co-Founder and Chief Executive Officer of Bybit Georgia.

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The reorganization will be carried out in the form of a spin-off, in accordance with the current legislation of the Republic of Uzbekistan.The CEO of Payme has been instructed to carry out all necessary legal and organizational actions, including the preparation of the charter of the new legal entity TBC Tech, the development of its governance structure, and other related documents.The press service of TBC Uzbekistan explained to UzDaily that the initiator of the reorganization is TBC Digital, the parent company of the TBC Uzbekistan ecosystem.The process предусматривает the creation of a new legal entity — TBC Tech LLC, which will take over part of Payme’s technological assets and team.According to TBC Uzbekistan, this decision is part of the ecosystem’s strategic development plan aimed at improving business efficiency and scalability.TBC Uzbekistan noted that the current stage of the reorganization is focused on the centralization of IT functions within the ecosystem.The company also reminded that earlier, in autumn 2025, as part of this strategy, the company TBC Operations was established, which consolidated the operational functions of the ecosystem.“Creating TBC Tech will allow the company to focus efforts on developing technological infrastructure, accelerate the introduction of new services, and improve the quality of digital financial services,” TBC Uzbekistan added.TBC Uzbekistan emphasized that the reorganization is purely organizational in nature and does not affect the current operations of Payme. All services continue to function in full, and obligations to customers and partners remain unchanged.The Georgian financial group TBC Bank Group fully completed the acquisition of the payment system Payme in 2023, becoming its sole owner. Initially, in April 2019, TBC Bank Group acquired 51% of the company’s shares. Later, in May 2023, the group purchased the remaining 49%, increasing its stake to 100%.

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NBG Vice President Nino Jeladze said that the regulation aims to identify future risks.She said that she will continue to work. The regulation of stable virtual assets, so-called stablecoins, will improve risk management standards in the financial sector.According to her, stable virtual assets in circulation must be 100% secured by reserve assets that must meet high liquidity and rating.It starts with the offering document and continues with the verification of external auditors in order to provide the public with complete information about issuers, reserves and risk management.According to Nino Jeladze, the rule ensures the sustainable development of Georgia's stable virtual asset ecosystem.

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Specifically, Kurdiani sold 8,811 shares at an average price of £48.25, generating proceeds of £425,129.15.The transaction closed on the London Stock Exchange at the end of February.On January 9 of this year, Kurdiani received 1,109 ordinary shares of TBC PLC as part of a fixed share-based payment for work performed in 2025.Previously, on November 10 of last year, the Uzbekistan CEO purchased 4,825 shares of the group at an average price of £39.11, for which he paid £188,698.80.

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According to the fund's February data, the dynamic portfolio recorded the highest growth of 1.57%. The profitability of the balanced and conservative portfolios amounted to 1.32% and 1.15%, respectively.Since the beginning of the year, the dynamic portfolio is still leading in terms of profitability with an indicator of 4.38%. It is followed by the balanced portfolio with 3.41% and the conservative portfolio with 2.66%. It is noteworthy that the dynamic portfolio has also been in first place in terms of annualized income since its creation (August 6, 2023), and its profitability is equal to 15.2%.As of February 28, 2026, the total assets of the pension fund exceeded 8.7 billion GEL, and the generated income reached GEL 2.4 billion. At the moment, 1.72 million people are members of the pension scheme.According to statistical data, 28,882 people have already benefited from the accumulated pension, and the amount of money paid out to them amounted to GEL 137.2 million.

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Lion Finance Group (BGEO LN) shares closed at GBP 106.10/share (-8.77% w/w and +6.15% m/m). More than 320k shares traded in the range of GBP 104.20 - 118.20/share. Average daily traded volume was 59k in the last 4 weeks. The volume of BGEO shares traded was at 0.74% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 43.15/share (-10.29% w/w and +1.17% m/m). More than 351k shares changed hands in the range of GBP 43.00 - 48.05/share. Average daily traded volume was 70k in the last 4 weeks. The volume of TBCG shares traded was at 0.63% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 35.75/share (-4.03% w/w and +9.83% m/m). More than 318k shares traded in the range of GBP 35.00 - 37.40/share. Average daily traded volume was 64k in the last 4 weeks. The volume of CGEO shares traded was at 0.91% of its capitalization. 

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In the FTSE 100, Bank of Georgia joins global giants such as HSBC, BP, Unilever, Rolls-Royce, Shell, Barclays, and others.Lion Finance Group will officially join the index on March 20, 2026, after the stock exchange closes, with the change taking effect on March 23, 2026.“Lion Finance Group’s inclusion in the FTSE 100 is recognition of the value created by our group. This achievement highlights the strength of our strategy, innovative technology, and customer-centric approach in Georgia and Armenia. I believe this recognition will further boost international interest and attract new investments. This milestone is the result of the professionalism and joint effort of every member of our team,” said Archil Gachechiladze, CEO of Lion Finance Group.For context, Lion Finance Group is a banking group listed on the London Stock Exchange that unites leading, customer-focused, digitally accessible universal banks, including Bank of Georgia and Ameriabank.The group was first listed on the London Stock Exchange in 2006 and joined the FTSE 250 index in 2012.

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According to the statistics of the National Bank of Georgia, as of 01.02.2026, all banks are profitable, except for Silk Bank and the sanctioned VTB. If we do not include the loss-making Digital Hash and Pave banks (Paysera’s profit is 654,000 GEL).Silk Bank's loss has increased to 2.1 million GEL (L/Y - 1.5 million), which is related to the cost of developing digital channels. The loss of Russian VTB has decreased, to 7 million (01/2025 - 12.1 million).Both microbanks are profitable (MBC - 0.4 million; Crystal - 2.4 million).Among banks with large assets, Arab capital's "Tera", with a profit of 3 million, overtook German "ProCredit" (2.8 million). Georgian "Cartu" (1.09 million) lagged behind Kazakh "Halyk Bank" (1.95 million) and even Microbank.

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The transaction was completed on February 16, 2026, and was finalized in London.The 5.06% stake represents 1,759,924 voting shares, held by entities controlled by the Wellington group and through nominee shareholders. The nominee shareholders include VIDACOS Nominees Limited, Goldman Sachs International, and ROY Nominees Limited.Wellington Management Company LLP is an investment management entity that manages the assets of certain funds and/or managed accounts. Wellington Management Company LLP is a direct controlled undertaking of Wellington Investment Advisors Holdings LLP, which, in turn, is a direct controlled undertaking of Wellington Group Holdings LLP, which, in turn, is a direct controlled undertaking of Wellington Management Group LLP.

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