Issues related to financial stability were discussed at a regular meeting of the Interagency Financial Stability Committee.

The Committee includes the Minister of Finance of Georgia, who serves as Chair of the Committee, the Governor of the National Bank of Georgia, the Heads of the LEPL Deposit Insurance Agency and the LEPL Insurance State Supervision Service of Georgia. The Committee’s primary objective is to ensure coordination among relevant authorities in order to support the stable functioning of the financial system.

The Committee members reviewed in detail ongoing matters related to the functioning of the Resolution Fund, including the process of contributions by commercial banks, the results of the Fund’s administration and investment management, and its financial performance. Particular attention was also paid to the 2025 audited financial statements. It was noted that, for the first time, audited financial statements had been prepared for the Resolution Fund, accompanied by an independent auditor’s report issued by KPMG. This is stipulated by legislative requirements and ensures high standards of transparency, effective management, and accountability in the Fund’s operations.

The Committee members also discussed a World Bank project concerning the provision of a so-called credit line for the benefit of the Resolution Fund. The discussion covered the project’s financial terms, implementation stages, relevant legal and institutional matters, as well as potential commitments to be undertaken. It was noted that the project would significantly strengthen the resilience of the financial system and enhance timely access to resources when needed.

In conclusion, the Committee members emphasized the importance of coordinated interagency cooperation and agreed that joint work would continue both towards further strengthening the bank resolution and deposit insurance frameworks and towards developing the interagency financial stability framework, taking into account international best practices and recommendations.