Two Main Georgian Banks Listed on the London Stock Exchange Decline in Value by 15-25% in Less than a Month After the Adoption of the Russian Law

Source: [https://www.londonstockexchange.com/stock/BGEO/bank-of-georgia-group-plc/company-page](https://www.londonstockexchange.com/stock/BGEO/bank-of-georgia-group-plc/company-page)

I’m a foreign investor. It has more impact elsewhere than on banks. We are less likely to choose Georgia to invest in. We want a country with a future and good prospects. From my perspective Georgia was on a good path to improving the lives of it’s citizens. Freedom and pro EU. I would like to see good salaries and good public services in Georgia. I have of course an outside perspective. Maybe i’m a foreign agent.

I’ve been watching the protests and when I see police without identification numbers attacking people it raises concern. There is no accountability. In all black, what a horror. We invest in the country and help grow the economy (through taxes). If this is how the government treats its own citizens then what about our investments?

Why no referendum or vote on the issue? Let the people decide.

It weakens the currency because we don’t want to be holding it because bad decisions make it less valuable.

The bank is probably worth less because in theory the economy is going to be hit from less investor confidence. That new public project in your city that needs finance; where does the money come from? Loans from deposits. Foreign deposits maybe. Maybe grants from Europe. Why would Europe invest in a country going the wrong way? Why would investors keep money in a country that is less stable?

Off topic but BOG being blue and TBC being orange is really funny lmao