Georgia: electricity consumption up in February 2020

Electricity consumption in Georgia in February increased by 9.9% YoY and amounted to 149.23 million kWh, the Electricity System Commercial Operator of Georgia (ESCO) reported. According to ESCO, electricity consumption by cryptocurrency factories and manufacturers increased by 57.6%. In the reporting period, Tbilisi consumed 8.5% more electricity than in the same period last year. As…

Ukraine: PrivatBank joins NBU BankID system

JSC CB PrivatBank has become the 14th bank to join the BankID remote identification system of the National Bank of Ukraine (NBU). “We have very good news – PrivatBank has joined the BankID of the NBU! Now PrivatBank clients will be able to get remote access to financial, administrative and commercial services through the BankID…

Georgia: domestic exports up in January-February 2020

Georgia’s domestic exports (exports without re-exports) amounted to $526.3 million in January-February, up by 4.5% YoY, showed the preliminary data from the National Statistics Office of Georgia (Geostat). The share of domestic exports (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) in total…