New website was presented at the National Bank of Georgia
18 March, 2008
The National Bank of Georgia has presented its new official website to mass media. In his speech during the presentation Mr. David Amaglobeli, the Acting President of the National Bank of Georgia, declared that the promotion of a high quality of the transparency of the bank’s activities is one of the most important priorities of the National Bank of Georgia. As NBG is changing its monetary policy regime and switching to the inflation targeting, transparency of the monetary policy is becoming very important.
“Our aim was to extend the audience of our website and make it a powerful means of communication. The website will allow interested persons to receive desirable information about the activities of the National Bank of Georgia and the fulfillment of the monetary policy in particular”, declared David Amaglobeli. As a result of introduced changes to the website, it became more user friendly and easy to navigate, the availability of the material has grown and now it meets the interests of a various auditorium.
New website will allow the users to receive full information about the monetary policy of the National Bank of Georgia, its main decisions, statistical information and analytical materials. "We can say now that the information, embarrassed by the website is in a full compliance with the best practices of the IMF's code of transparency"- noted David Amaglobeli.
On the first page of the website several important data has been placed, in particular:
The renewal of the website will not be a single measure. The National Bank of Goergia will continue to develop informational capacity and flexibility of the website and take into account the users’ interests in future too.
“Our aim was to extend the audience of our website and make it a powerful means of communication. The website will allow interested persons to receive desirable information about the activities of the National Bank of Georgia and the fulfillment of the monetary policy in particular”, declared David Amaglobeli. As a result of introduced changes to the website, it became more user friendly and easy to navigate, the availability of the material has grown and now it meets the interests of a various auditorium.
New website will allow the users to receive full information about the monetary policy of the National Bank of Georgia, its main decisions, statistical information and analytical materials. "We can say now that the information, embarrassed by the website is in a full compliance with the best practices of the IMF's code of transparency"- noted David Amaglobeli.
On the first page of the website several important data has been placed, in particular:
- Inflation data - includes the current inflation as well as the inflation forecast;
- Monetary policy rates - includes the information on current 1W CD rates and pervious 1W CD rates;
- Inter bank rates - includes the daily data about the rates of the inter bank credit market, known as TIBR-1 and TIBR-7;
- Official exchange rates - includes the information about the exchange rates of main currencies.
The renewal of the website will not be a single measure. The National Bank of Goergia will continue to develop informational capacity and flexibility of the website and take into account the users’ interests in future too.
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