Russia, Georgia and CIS Payment Cards Yearbook

Georgia - Summary

	Price: £75.00
Georgia Market Overview
Georgia Payment Organizations	Georgian Card Union Financial Corporation (UFC)

Georgia Market Structure	Cards per capita reached 0.91 in 2009, a high level by regional standards, but dropped to 0.71 for 2010. POS transactions remain relatively highly developed. All Georgian banks are privately-owned. Foreign capital plays an important role, accounting for over 80% of banking sector assets. Société Générale, through Bank Republic, is the main western bank investor. Banks from Russia, Turkey, Ukraine, Kazakhstan and Azerbaijan are also present.

Georgia Major Issuers	Bank of Georgia, TBC Bank, Liberty Bank, Bank Republic, Kor Standard Bank.

Georgia Key Statistics 2010
Georgia Population	4.38 million
Georgia Cards	Total: 3.1 million