On June 20^th, Alfred Hannig, Executive Director of the Alliance for Financial Inclusion (AFI), visited the National Bank of Georgia and met with Koba Gvenetadze, Governor of the NBG.

During the meeting, the parties discussed important aspects of mutual cooperation. Particular attention was paid to the progress made by NBG in the direction of financial education and consumer protection, including, the development of the National Strategy for Financial Education and the recent amendments  to the legal framework for financial sector consumer protection in Georgia. Further, the parties discussed AFI's activities and emphasized the importance of sharing experiences between AFI's member countries, including, within the frames of AFI's Consumer Empowerment and Market Conduct (CEMC) Working Group.

Alliance for Financial Inclusion (AFI) is a global network of central banks and other financial regulatory institutions from emerging and developing countries, which aims at expanding and improving financial inclusion policy worldwide. AFI constitutes a global platform, which allows for knowledge and experience sharing between regulators globally, as well as development and implementation of effective policies.

Alfred Hannig has been the Executive Director of AFI since 2008. During 2005-2008, Dr. Hannig was leading the design and the development of AFI's unique institutional peer to peer knowledge network concept, aimed at scaling up financial inclusion policy and regulatory solutions that have proven successful in developing and emerging countries.

Currently, policymaking and regulatory institutions from more than 90 countries are represented in AFI.

For additional information on AFI, please visit: http://www.afi-global.org/