2019-03-28
As Georgian Prime Minister Mamuka Bakhtadze stated during the briefing before today's Government meeting, the fact that the Bank of Georgia and Silknet are attracting new finances into our economy is indicative of the high level of trust of international investors in Georgia.
It is important that the Bank of Georgia has attracted 100 million USD in hybrid capital, the Prime Minister said, while the Silknet telecommunication company has issued unsecured bonds worth 200 million.
"It is very important to us that the apparent demand has proved much higher than that initially indicated by Georgian companies, which means that international investors' trust in Georgia, its legislative framework and economic prospects, is very high. It is not an episodic achievement. These are international investors' expectations for Georgia. I wish these transactions took place in our capital market. However, I am convinced that the reform to be implemented by us will enable Georgian companies to attract capital not only from international platforms, but also from the Georgian capital market," Mamuka Bakhtadze stated.
Prime Minister's Press Office