| Issuer/Entity | Bank of Georgia | | Long Term Rtg | B1 | | Long Term Watch | Not on Watch | | Outlook | Stable | | ST Issuer Level Rtg | NP |
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| Issuer/Entity | Georgia, Government of | | Long Term Rtg | Ba3 | | Long Term Watch | Not on Watch | | Outlook | Stable | | ST Issuer Level Rtg | |
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| Issuer/Entity | TBC Bank | | Long Term Rtg | B1 | | Long Term Watch | Not on Watch | | Outlook | Stable | | ST Issuer Level Rtg | NP |
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