The Governor of the National Bank of Georgia, Natia Turnava, participated in the 51st International Banking Conference organized by the Banking Association for Central and Eastern Europe (BACEE) and Cartu Bank.

The event brought together more than 250 delegates from up to 30 countries and approximately 100 different institutions.

In her remarks, Natia Turnava noted that hosting an event of this scale in Georgia once again highlights the country’s growing role as a regional financial center.

According to her, this interest is based on the country’s strong macroeconomic fundamentals and a solid financial sector. She stated that despite the highly uncertain global environment of recent years, Georgia’s economy has maintained resilience. Real GDP growth has been strong, reaching nearly double-digit levels in 2023–2024 and averaging 7.5% in 2025.

“The Georgian banking system remains sound and resilient. It is well-capitalized, maintains strong liquidity buffers, and demonstrates solid profitability. As of February 2026, the return on equity stood at 22.4%, while asset quality remains high. The non-performing loan ratio is maintained at a historically low level of just 2.47%. Credit activity continues to expand in line with economic growth. In February 2026, the annual growth rate of the credit portfolio reached 14.3%, mainly driven by lending in the national currency,” the NBG Governor stated, emphasizing increased confidence in the national currency, supported by higher larization rates.

According to the NBG Governor, a strong financial sector, reinforced by a modern regulatory framework, continues to attract international investor interest, and these efforts are recognized internationally.

“S&P Global Ratings highlights that Georgia’s banking regulation is among the most advanced in the region, while our asset quality ranks among the best. Strong financial sector indicators, together with solid macroeconomic fundamentals and an open, business-friendly environment, create a supportive foundation for international investors and companies, and we welcome global players to our market,” Natia Turnava noted.