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Economic Press Monitor


July 19, 2019

IN THIS ISSUE:

1. PROFITABLE SECTORS FOR BANKS
2. IN BANKING SECTOR, ABOUT 25,000 PEOPLE ARE EMPLOYED
3. I WILL DISPUTE ABOUT THE CONTRACT AND IN SEVERAL MONTHS OR IN A YEAR, I WILL WIN 5 MILLION, WHICH WILL INVEST IN NEW TELEVISION
4. TRAVEL BY SUBWAY AND YELLOW BUSES WILL COST 80 TETRI?

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1. PROFITABLE SECTORS FOR BANKS
Finances & Banking

In 2018, Georgian banks received up to 3.38 billion lari as interest income, the magazine reports. Of that, retail crediting accounted for 1.9 billion, or 56%.

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2. IN BANKING SECTOR, ABOUT 25,000 PEOPLE ARE EMPLOYED
Finances & Banking

At the end of 2018, Georgian banking sector employed 24,998 people, the magazine reports with reference to National Bank of Georgia. If compared with 2017, the staff size has increased by 145 persons.

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3. I WILL DISPUTE ABOUT THE CONTRACT AND IN SEVERAL MONTHS OR IN A YEAR, I WILL WIN 5 MILLION, WHICH WILL INVEST IN NEW TELEVISION
Conflict and Court

Nika Gvaramia, former director general of Rustavi-2 TV company, declares that he plans to launch a lawsuit because of terminated labor contract.

“Let it will be several months, a year or a year and a half, but sometime, I will win 5 million and will invest them in new television”, Gvaramia declares.

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4. TRAVEL BY SUBWAY AND YELLOW BUSES WILL COST 80 TETRI?
Transport & Communications

Tbilisi Mayor Kakha Kaladze declared that travel by municipal buses, subway and minibuses will be possible with single ticket. Introduction of this system is planned for summer 2021.

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