Georgia: bank loans down in September 2022

Commercial banks in Georgia loaned GEL 42.94 billion ($15.62 billion) and received deposits of GEL 42.04 billion ($15.29 billion) in September, the latest data from the National Bank of Georgia showed. The volume of loans decreased by 0.64% in September compared to the previous month, while the number of deposits increased by 0.68% MoM. Last…

Ukraine: Belgium pledges to support energy sector

Minister of Energy of Ukraine German Galushchenko held an online meeting with Minister of Energy of Belgium Tinne Van der Straeten who pledged to continue to provide support for the Ukrainian energy sector. “Galushchenko informed his colleague about the massive shelling of the Ukrainian energy infrastructure. He emphasized that energy workers were trying to promptly…