National Bank of Georgia Created Resolution Framework for Fi

National Bank of Georgia Created Resolution Framework for Financial Stability of Georgia ► FINCHANNEL

“We created the resolution framework to promote risk management culture in the banking sector, respond to the financial crisis in a timely manner, and ensure the continuity of critical economic functions, while maintaining financial stability at the system level.” The National Bank of Georgia (NBG) is the central bank of Georgia, whose main goal is to ensure price stability and promote the country’s economic progress. In an interview with The FINANCIAL, President of the National Bank of Georgia, Koba Gvenetadze, spoke about the achievements and challenges in the banking sector of Georgia. He outlined the importance of the National Bank“We created the resolution framework to promote risk management culture in the banking sector, respond to the financial crisis in a timely manner, and ensure the continuity of critical economic functions, while maintaining financial stability at the system level.” The National Bank of Georgia (NBG) is the central bank of Georgia, whose main goal is ► The FINANCIAL INTERVIEW

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