NEWS

NBG Acting President reviews financing regulations of development sector with commercial banks, Business Association

The Acting President of the NBG also emphasised the “necessity” for banks to have more opportunities in financing the development sector, adding it would be important for the creation of new jobs and “maintenance of high economic growth” in the country. Photo via NBG

Agenda.ge, 07 Oct 2023 - 19:27, Tbilisi,Georgia

The National Bank’s regulations for the financing of the development sector were reviewed on Saturday by Natia Turnava, the Acting President of the National Bank of Georgia and the representatives of local commercial banks and the Business Association of Georgia.

Turnava said that further refinement of the regulations to “properly manage” the funding risks had been also discussed at the meeting, the National Bank said.

Acting National Bank President, commercial banks to cooperate for “more effective credit activity”, increased finance access

06 Oct 2023

Natia Turnava, the Acting President of the National Bank of Georgia, on Friday met representatives from local commercial banks to discuss cooperation for ensuring more resource investment in the domestic economy and ensuring access to finance for bank customers.

National Bank Acting President reviews investment plans with Pension Agency

05 Oct 2023

Natia Turnava, the Acting President of the National Bank of Georgia, on Wednesday met the members of the Investment Council of the country's Pension Agency to review revisions in the legislation on cumulative pension and investment plans.

National Bank Acting President discusses sanctions enforcement with British Ambassador

29 Sep 2023

Natia Turnava, an Acting President of the National Bank of Georgia, on Friday discussed the institution’s efforts to enforce the international sanctions imposed on Russia for its invasion of Ukraine in a meeting with Mark Clayton, the British Ambassador to Georgia.

National Bank President discusses inclusion of Georgia in Int’l Institute for Management Development’s World Competitiveness Index

28 Sep 2023

Natia Turnava, the Acting President of the National Bank of Georgia, on Thursday hosted Arturo Bris, a representative of the International Institute for Management Development, an organisation that publishes the World Competitiveness Index, for a discussion on the possibility of including the country in the ranking.

Acting National Bank Governor to participate in IMF, World Bank annual meetings in Morocco

10 Oct 2023

Natia Turnava, the Acting Governor of the National Bank of Georgia, will join managers of the International Monetary Fund and the World Bank as well as economic teams from more than 200 countries to participate in the annual meetings in Marrakesh, Morocco between Wednesday and Saturday.

Acting National Bank Governor, IMF discuss resumption of Stand-By Arrangement

11 Oct 2023

Natia Turnava, the Acting Governor of the National Bank of Georgia, on Wednesday met Bo Li, the Deputy Managing Director of the International Monetary Fund, to work on resumption of the suspended IMF-supported Stand-By Arrangement with Georgia.

Acting National Bank Governor: technical teams to work on resumption of IMF-supported Stand-By Arrangement

13 Oct 2023

Natia Turnava, the Acting Governor of the National Bank of Georgia on Friday met Jihad Azour, the Director of the Middle East and Central Asia Department at the International Monetary Fund, to discuss the “specific steps” related to "prompt resumption" of the IMF-supported Stand-By Arrangement with Georgia that has been suspended.

Acting National Bank Governor promotes “stable” macroeconomic, investment environment with int’l foundations, American investors

13 Oct 2023

Natia Turnava, the Acting Governor of the National Bank of Georgia, on Friday introduced the “attractive” investment potential and “stable” macroeconomic environment of Georgia to representatives of large international investment funds and American investors at a conference hosted by Bank of America in Marrakesh, Morocco.

Acting National Bank Governor, microfinance institutions review achievements, challenges in sector

31 Oct 2023

The achievements and challenges in the microfinance sector were reviewed on Tuesday by Natia Turnava, the Acting Governor of the National Bank of Georgia and representatives of microfinance institutions, including the Georgian Microfinance Association.

National Bank rejects accusations of lack of due diligence in granting licence to Hash HSC bank

15 Nov 2023

The National Bank of Georgia on Wednesday rejected media reports that alleged the body had failed to conduct due diligence in researching the background of founders of Hash HSC bank, which received a licence to operate in the country on Tuesday.