The authoritative financial publication Euromoney has named Galt & Taggart the best investment bank in Georgia for 2024.
Galt & Taggart won the award as part of Euromoney’s Awards For Excellence, which is still considered the most prestigious recognition in the banking sector. Banks from all over the world participate in this award, and among the winners are such large companies as Bank of America, Goldman Sachs, Citi and others. The selection process is based on a detailed study of the activities of financial institutions and the assessment of sector experts. The winners are determined by the market share of the investment bank, the number and volume of transactions, their reputation in the market, competitiveness, quality of services and innovations.
“We are pleased that Euromoney has named Galt & Taggart the best investment bank in Georgia. This recognition was given to Galt & Taggart based on the projects and innovations implemented over the past year. These include the capital market support program, which we implemented together with the EBRD and the EU, the placement of more than 50% of corporate bonds and the first ESG bond in the local market. It is also worth noting the private equity and securitization projects that we implemented in cooperation with USAID to develop the capital market. As for initiatives, we have been quite active in this regard, including in the brokerage direction. These initiatives include the update of the GT Trader mobile application, which made it even more convenient for customers to become shareholders of such well-known companies as Apple, Microsoft, Google, Tesla, etc. It is also worth noting the offer of investment portfolios, “Which is a product that is maximally tailored to the financial goals of the customer. Thank you to each member of the team and each customer for creating the best investment bank in Georgia. We are proud of this success and actively continue to create even more new and innovative products for our customers,” said Zurab Kokosadze, Deputy General Director of the Bank of Georgia.
About the award:
The Euromoney Awards for Excellence were established in 1992 and are the first awards in the global banking industry. This year, Euromoney received a record number of applications from banks – more than 1,900 applications from 124 countries.