Bank of Georgia strikes deal with Saxo Bank

Bank of Georgia Holdings has signed an agreement with Saxo Bank to enable clients to access global capital markets and invest on a multi asset basis.

The agreement, announced on Thursday by the FTSE 250 company, is through its wholly owned investment management subsidiary JSC Galt & Taggart.

The company said the move is in line with the company's strategy to provide superior access to capital markets to its clients.

It said its new product with Saxo Bank will launch in November and will deliver a highly adaptive trading experience.

Group chief executive Irakli Gilauri is excited about bring Saxo Bank’s expertise to its clients.

“This collaboration with Saxo Bank will enrich Galt & Taggart's services and better position the company to help local and regional investors explore investment opportunities and offer greater access to capital markets.”