Governor of the National Bank of Georgia (NBG) Natia Turnava met with a delegation from the United States Department of State.

During the meeting, the parties emphasized the strong economic and financial cooperation between the two countries, as well as the long-standing partnership between the National Bank of Georgia and the Federal Reserve System. The NBG Governor also noted that a significant portion of Georgia’s international reserve assets is invested in U.S. Treasury securities. She further highlighted the close correspondent banking relationships between Georgian commercial banks and major U.S. commercial banks.

The discussion also underlined the growing interest of American investors in the Georgian economy, including in Georgian securities, which further strengthens confidence in Georgia’s financial system.

The Governor of the National Bank of Georgia also briefed the members of the U.S. delegation on the regulatory framework for anti-money laundering and compliance with sanctions regimes. It was noted that the NBG maintains very strong cooperation with the Office of Foreign Assets Control (OFAC), as well as with other relevant institutions in these areas.

The meeting with the delegation from the United States Department of State was attended by NBG Vice Governors Ekaterine Mikabadze, Ekaterine Galdava, and Nino Jeladze, along with heads of relevant NBG departments.