Moody's upgrades outlook on Georgia's banking system from negative to stable-Xinhua

Moody's upgrades outlook on Georgia's banking system from negative to stable

Source: Xinhua

Editor: huaxia

2026-02-27 02:05:30

TBILISI, Feb. 26 (Xinhua) -- International credit rating agency Moody's Ratings has revised its outlook on Georgia's banking system from negative to stable, the National Bank of Georgia said Thursday.

The revision reflects the country's macroeconomic resilience and a balanced assessment of political and geopolitical risks, the bank said, citing a Moody's report.

According to the report, Moody's expects Georgia's real GDP growth to reach approximately 5.5 percent in 2026 and 2027.

The report also pointed to continued progress in deposit de-dollarization, noting that the National Bank of Georgia has successfully rebuilt its foreign currency reserves.