Georgian central bank governor Koba Gvenetadze among best Central Bankers 2019
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The head of the National Bank of Georgia Koba Gvenetadze has been nominated among the best central bankers of 2019 for the second year in a row by the world’s leading monthly financial magazine Global Finance.
Gvenetadze was also nominated back in 2018 in the category of Central Bankers, earning an “A-”.
This category also includes the heads of the central banks of Botswana Bulgaria, Chile, Egypt, the EU, Saudi Arabia, Qatar, the UK, the US and Uruguay.
Central bank governors who received an “A” or “A-” grade will be honoured at Global Finance’s 26th Annual Best Bank Awards at the National Press Club in Washington, D.C. on October 19 during the IMF/World Bank Annual Meetings, reads the press release of Global Finance.
Global Finance’s Central Banker Report Cards 2019. Image: Global Finance.
Grades are based on an “A” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management, where “A” represents excellent performance down through “F” for outright failure.
Global Finance has published Central Banker Report Cards annually since 1994, which grades the central bank governors of 94 key countries.
Georgia has risen in the rankings of the World Happiness Report published by the United Nations. This year Georgia came in 119th place in the World Happiness Report, while last year Georgia ranked 128th among the world’s happiest countries.
In the newest rankings by Global Finance Georgia takes 49th place among 128 countries with a safety index score of 9.68. With this result, Georgia is the safest country in the region.
The Global Finance magazine named Georgia among the countries with the most dynamic investment attractiveness on the basis of economic stability, indicators of management quality and business regulations, announces Georgian Ministry of Economy.
World leading monthly financial magazine Global Finance nominated the director of Georgia’s central bank the National Bank of Georgia, Koba Gvenetadze, among the best central bankers of 2018.
Companies trading on the Georgian Stock Exchange (GSE) who have the highest quality of reporting were awarded yesterday with the Best Annual Report and Transparency Award including JSC TBC Bank, JSC Telasi, Georgian Leasing Company LLC and JSC Crystal.
The National Bank of Georgia (NBG) has joined the Network for Greening the Financial System (NGFS), which is a network of Central Banks and Supervisors.
The National Bank of Georgia has won the transparency nomination at the Central Banking Awards, which recognises the outstanding performance and achievements of individuals and organisations within the central banking community.
The National Bank of Georgia (NBG) has received two awards in the Risk Manager and Transparency nominations within the international publication Central Bankings Summer Meetings.
Koba Gvenetadze, the Governor of the National Bank of Georgia, joined a conference involving central bankers and high-ranking representatives from states across the Baltic, Adriatic and Black seas in Poland to discuss monetary policy, economic consequences of the Ukraine war and other matters on June 10.