Georgians tread well-worn path

摘要

The Georgian banking sector is growing and there is healthy competition. Bank of Georgia CEO Lado Gurgenidze is looking at what lies ahead for banks in the Caucasus. Georgia's bankers are watching the development of the Ukrainian banking system closely. While its larger neighbour is the site of a spate of mergers and acquisitions, the Caucasian country is home to a growing banking sector. Lado Gurgenidze, CEO of Bank of Georgia, says that the banking sector in the country is highly diversified, considering the region. "We don't have a dominant bank, as they do in Azerbaijan, for instance.