bank

The two faces of Georgia’s banking sector [Opinion]

In February 2017, Georgian trade unions and left-leaning activists and civil society groups organised large rallies in Rustavi and Tbilisi to support employees of the Azoti plant that were laid off without notice. Reportedly, the Bank of Georgia took over Azoti, which is the largest nitrogen manufacturing plant in Georgia, and dismissed three-hundred-and-fifty workers with no prior warning. The reaction to the firings marked the first time in the history of Georgia that a well-articulat