Euromoney, a prestigious financial publication, has awarded Galt & Taggart the title of Best Investment Bank in Georgia for 2024. This accolade is part of Euromoney ’s Awards for Excellence, one of the most esteemed recognitions in the global banking sector.
Galt & Taggart joins the ranks of leading financial institutions such as Bank of America, Goldman Sachs, and Citi in securing this award. The selection process is rigorous, involving a comprehensive analysis of financial institutions' activities and assessments by industry experts. Key criteria include market share, transaction volume and number, market reputation, competitiveness, quality of services, and innovation.
"We are thrilled to be recognized by Euromoney as the best investment bank in Georgia," said Zurab Kokosadze, Deputy CEO of Bank of Georgia. "This award reflects the successful projects and innovations we have introduced over the past year. These include our capital market support program with the EBRD and the EU, through which we placed over 50% of corporate bonds on the local market and introduced the first ESG bond. Additionally, our collaboration with USAID on private capital and securitization projects has been pivotal in developing the capital market."
Zurab Kokosadze also highlighted Galt & Taggart’s proactive initiatives in the brokerage sector, such as the upgrade of the GT Trader mobile application, making it more convenient for users to invest in well-known companies such as Apple, Microsoft, Google, and Tesla. Furthermore, the introduction of investment portfolios tailored to users' financial goals demonstrates Galt & Taggart's commitment to innovation and customer satisfaction.
"We extend our gratitude to each team member and customer for making us the best investment bank in Georgia. We are proud of this success and will continue to develop innovative products for our clients," Zurab Kokosadze added.
About Euromoney Awards for Excellence
Established in 1992, the Euromoney Awards for Excellence are the first of their kind in the global banking industry. This year, Euromoney received a record-breaking number of applications, with over 1,900 submissions from 124 countries.