Galt & Taggart Securities is pleased to announce the opening of its fully operational office in Minsk, Belarus. The investment banking arm of Bank of Georgia received its securities sales and trading operations license in August and joined the Belarusian Stock Exchange in September, allowing it to expand its operations and better service clients on the growing domestic market.

In Belarus, Galt & Taggart Securities will focus on corporate finance, targeting the promising mid-cap business segment. According to Lucas Romriell, head of new markets development, now is an excellent time for small- to mid-size investment banks to make their mark in new markets and take a share of the mid-cap market away from the big houses. “Outside of the banking sector, we have identified roughly 85 Belarusian companies that interest us either as placement or investment opportunities,” Mr. Romriell said.