Report
Research Team

Georgia Coverage Jan 2-28

NPL ratio edges down to 5.5% in Q4 2018
Loan growth picks up to 19.0% y/y in December
Media speculate about imminent cabinet reshuffle
Trade deficit narrows y/y for second straight month to USD 488mn in December
EU to provide EUR 233mn for Anaklia port
EU partnership plan provides for EUR 3.4bn investment in transport network by 2030
Remittance growth flat at 9% y/y in December
NBG sees no risks to banking system from ongoing probe into TBC Bank
NBG reserves grow by USD 0.2bn to USD 3.3bn in December
World Bank raises 2019 GDP forecast to 5%
Headline CPI inflation eases further to 1.5% y/y in December
NBG introduces new rules for loan issuance
Current account roughly balanced in Q3 2018
Growth slows to 2.2% y/y in November
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