National Bank of Georgia Governor Natia Turnava held a meeting with Sergei Kotov, Managing Director for Eastern Europe and Eurasia at BNY (The Bank of New York Mellon Corporation).

The meeting was attended by Ekaterine Mikabadze, First Vice Governor of the National Bank of Georgia, and Alexander Khazaradze, Head of the Financial Markets Department.

Discussions focused on the development of cooperation between BNY and the Georgian financial sector, including the expansion of collaboration with leading Georgian commercial banks Bank of Georgia, TBC Bank, BasisBank, Liberty Bank, Terabank, and Halyk Bank Georgia. The parties reviewed the progress achieved since BNY entered the Georgian market in 2024 and discussed prospects for future engagement.

Particular attention was given to potential cooperation in foreign exchange reserve management, custody services, and liquidity management solutions. The meeting also addressed Georgia’s macroeconomic outlook and ongoing developments in the financial sector. Governor Turnava highlighted the country’s strong macroeconomic fundamentals, the resilience of the banking system, and the robustness of the regulatory and compliance framework, including high standards in anti-money laundering (AML) and financial integrity.

“Georgia continues to offer a stable and attractive environment for international financial institutions,” said Natia Turnava. “We welcome further engagement with global partners, particularly in areas that support financial market development and effective reserve management.”

Sergei Kotov positively assessed BNY's business relationships in Georgia with the commercial sector, as well as the expansion of cooperation with the National Bank. He emphasized the institution’s readiness to support the development of financial infrastructure and services.

The parties expressed readiness to continue cooperation and explore opportunities to further integrate Georgia’s financial system with global markets.