Capital markets
CIG research on this theme across Georgia, Armenia and Azerbaijan.
07 OCT 2026
CIG Research
Azerbaijan
CIG Research·Azerbaijan·07 OCT 2026Azerbaijan After Peak Oil: What the Non-Oil Economy Can CarryAzerbaijan's balance sheet is among the strongest in emerging markets, but oil output is falling, the oil fund now pays out more than it receives from oil and gas, and the non-oil economy has slowed just as it is asked to carry more.
11 min
07 OCT 2026
CIG Research
Georgia
CIG Research·Georgia·07 OCT 2026Georgia's Capital Markets: A Banking System with a Stock Exchange AttachedGeorgian finance is two very profitable banks, a local bond market that has started to work, and an equity market that exists mainly in London.
10 min
07 OCT 2026
CIG Research
Georgia
CIG Research·Georgia·07 OCT 2026Georgia's Capital Markets: A Banking System with a Stock Exchange AttachedGeorgian finance is two very profitable banks, a local bond market that has started to work, and an equity market that exists mainly in London.
10 min