Tracking the Recovery

9 Jul, 2021
  • Significant growth in the issuance of new mortgages; Tbilisi’s residential property transactions back on the positive territory
  • The annual growth of total non-cash spending by residents remains sizeable in the beginning of July
  • Non-cash expenditures by non-residents, through TBC Bank’s channels, posted a significant improvement in June
  • Growth of non-cash spending on hotels, through TBC Bank’s channels, on positive territory in the beginning of July; A solid increase observed in restaurants
  • Non-cash spending on entertainment on the positive growth territory; Noticeable improvement in the categories of apparel and fitness
  • Positive dynamics observed in growth of non-cash spending on furniture & appliances and electronics
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