
Natia Turnava: We Have Created a Transparent and Flexible Regulatory Framework Tailored to Fintech to Promote Diversification and Innovation in Financial Services
Natia Turnava, Governor of the National Bank of Georgia (NBG), announced that the NBG has established a transparent, flexible, and fintech-oriented regulatory framework to encourage innovation and diversification in financial services. She made the statement at an international financial technology conference organized by the NBG.
Turnava emphasized that the development of financial technologies and services remains a strategic priority for the NBG. She noted that substantial progress is already underway, with the potential to significantly benefit both the financial sector and Georgia's broader economic growth.
She also underscored the significance of the Fintech Development Strategy, developed in collaboration with the World Bank.
“The National Bank of Georgia’s Fintech Development Strategy, prepared with the support of the World Bank, reflects our vision for the development of the fintech ecosystem in Georgia,” said Turnava. “We hope today’s conference will help forge a shared vision for the industry’s development, further enhancing Georgia’s regional and global competitiveness.”
The international conference, hosted by the NBG to promote the fintech strategy, aimed to strengthen cooperation between the public and private sectors-both in shaping the strategy and ensuring its successful implementation.
The event was attended by 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 Bregy, Secretary General of the City of Lugano, Switzerland. The conference also drew representatives from the financial sector, government institutions, and international organizations.