Georgian central bank recognised as most transparent central bank in 2020
In recent years, the transparency award has been granted to the central banks of New Zealand, Czechia, Canada, Ireland, Israel and Sweden. Photo: NBG.
Tweet 
Share
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 transparency nomination includes three components - education, targeting full range of stakeholders and communication across various platforms.
When the National Bank of Georgia unveiled a new financial education website, FinEdu, last year, it represented the latest step in a series of initiatives aimed at revolutionising transparency at the central bank. Many of these changes followed the appointment of Koba Gvenetadze as governor in March 2016. The former International Monetary Fund economist prioritised improving both the quantity and the quality of the information released by the NBG as part of a strategic goal to improve communications", writes the leading financial publication, Central Banking.
In recent years, the transparency award has been granted to the central banks of New Zealand, Czechia, Canada, Ireland, Israel and Sweden.
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.
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 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.
The National Bank of Georgia (NBG) is a finalist in the Global Inclusion Awards 2018 in the category of ‘Country Award’ for the second time, announces the NBG.
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.
The net international investment position (IIP) of Georgia, which measures the difference between external financial assets and liabilities of a country, amounted to negative 25.6 billion USD as of September 30, 2021, the National Bank of Georgia reports.