Renaissance Capital, a Russian top-tier privately-owned investment bank, has forecast that inflation will decline in Russia but will rise in Georgia and Kazakhstan in the near term, and that the Kazakh currency will plunge by nearly one third by the end of September. Continue Reading
Tag Archives: Georgia
Russia’s RenCap praises Georgia, its TBC Bank
By Andrei Skvarsky. Russia’s Renaissance Capital has released one more upbeat research piece about Georgia, calling it “one of our favoured frontier markets” and saying it “remains our destination of choice for investors looking at the Former Soviet Union”. Continue Reading
RenCap says Bank of Georgia shows “robust” earnings
Moscow’s Renaissance Capital has released “cautiously optimistic” forecasts about Bank of Georgia, which has been through some rough times after last October’s parliamentary elections brought about a change of government and consequent political turmoil in the Caucasus country. {{{*}}} Bank of Georgia, “as a subset of Georgia itself, has been subject to volatility like no… Continue Reading