Georgia’s commercial banking sector reported a rise in net profit in amount of 303,305 million lari ($94,8 million) in the first two months of this year compared with 245,483 million lari in January-February 2021.

A storm in the Russian part of the Black Sea damaged the loading equipment of CPC, one of the world's largest oil pipelines that transports oil from Kazakhstan to world markets.

TBC Bank is one of Georgia's two biggest commercial banks and is listed on the London Stock Exchange.