Natia Turnava, Governor of the National Bank of Georgia, took part in the 27th meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB), held in Yerevan, the capital of Armenia.

The event was opened by Nikol Pashinyan, Prime Minister of the Republic of Armenia, who welcomed the attending delegations.

The open session featured remarks from Serhat Köksal, Chairman of the Board of Governors and President of the BSTDB, as well as representatives of institutions affiliated with the Organization of the Black Sea Economic Cooperation (BSEC) and observer organizations.

 

In her address, Natia Turnava noted that recent years have posed considerable geopolitical challenges, particularly for the Bank, given its significant exposure to regional developments.

"That is why it is important to acknowledge the efforts of the Bank and its responsible shareholders," Turnava stated. "I am confident that the shareholders will continue to steer this process with the same diligence, responsibility, caution, and encouragement that have defined our joint efforts so far."

Ekaterine Guntadze, Deputy Minister of Finance of Georgia, also attended the meetings in Armenia.

A business forum was held on the sidelines of the 27th meeting of the BSTDB Board of Governors. Discussions focused on building resilience in small economies across the Black Sea region and exchanging perspectives and experiences within the framework of cooperation with the BSTDB.

 

The forum was formally opened with a welcoming speech by Vahagn Khachaturyan, President of the Republic of Armenia.

The event brought together senior officials from governments and central banks, along with representatives of international organizations and the business community.

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, and Russia. The Bank supports economic development and regional cooperation among its member countries by providing loans, credit lines, guarantees, and trade financing for both public and private sector projects.