At an international financial technology conference hosted by the National Bank of Georgia (NBG), NBG President Natia Turnava announced that major projects aimed at modernizing the country’s payment infrastructure will be launched by 2026.

“In addition to regulatory-driven innovations, we’re making notable progress in advancing our payment systems,” Turnava said. “We are actively working to upgrade the Real-Time Gross Settlement (RTGS) system and introduce the Instant Payments System (IPS)-both of which will become operational in 2026.”

Turnava outlined the recent achievements, ongoing initiatives, and future plans for enhancing financial technologies and services in Georgia. She emphasized that the fintech development strategy will play a key role in fostering the growth of the country’s fintech sector and strengthening its regional and international competitiveness.

“Developed in partnership with the World Bank, this strategy outlines our long-term vision for fintech,” she noted. “Close cooperation with government agencies and the private sector is essential. I hope today’s event will help shape a shared vision and support the continued growth of Georgia’s fintech ecosystem.”

The conference brought together high-ranking officials, including Levan Davitashvili, Vice Prime Minister and Minister of Economy and Sustainable Development; Paata Salia, Minister of Justice; Kakha Kaladze, Mayor of Tbilisi; and Robert Bregi, Secretary General of the Municipality of Lugano, Switzerland. Representatives from the financial sector, government bodies, and international organizations were also in attendance.