Georgia Banking and Finance Tenders

The Georgian banking and finance market is a relatively small but rapidly growing market. The total assets of the banking sector reached GEL 72.2 billion in 2022, up from GEL 60.9 billion in 2021. The sector is highly concentrated, with the two largest banks holding more than 70% of total assets. The banking sector is also relatively healthy, with a non-performing loan ratio of 3.1% in 2022.

The Georgian government procures a wide range of banking and finance products and services, including:
Lending
Deposit taking
Payment processing
Financial advisory services
The government spends GEL 100 million to GEL 200 million on banking and finance products and services each year.

The main banking and finance products and services procured by the Georgian government are:
Lending: The government procures loans from banks to finance its budget deficit.
Deposit taking: The government deposits its funds with banks to earn interest.
Payment processing: The government uses banks to process its payments, such as salaries and social benefits.
Financial advisory services: The government hires banks to provide financial advisory services, such as mergers and acquisitions advice.

The top authorities for Georgia banking and finance procurement are:
The Ministry of Finance
The National Procurement Agency
The Central Bank of Georgia

The top winners of Georgia banking and finance procurement are:
TBC Bank
Bank of Georgia
Liberty Bank
Halyk Bank Georgia
VTB Georgia

Tags -
Georgia banking finance tenders, free Georgia banking finance tenders, government banking finance tenders Georgia, cash Collection tenders, audit tenders, Georgia auditing tenders, investment tenders, mergers acquisitions tenders, Georgia accounting tenders, actuarial tenders, Georgia tax tenders