Presentation of the document  “Georgia’s Banking System  Development  Strategy for the years of 2006-2009” was held at  the National Bank of Georgia. The representatives of the National Bank, Parliament and Government of Georgia as well as the commercial banks, international financial and non-government organizations attended the presentation.   The President of the National Bank of Georgia Roman Gotsiridze welcomed the participants of the presentation. “The National Bank of Georgia has developed a strategic document – a four year action plan, which describes the concrete measures to be implemented in the banking sector, departments in charge of these issues and fixed terms for their implementing.  Drawing up and adoption of the strategic document on the development of banking system are aimed at creating a banking sector, which offers a universal package  of services for customers. The measures specified in the strategic document will be implemented by all its parameters and  in four years the banking system of Georgia will become one of the most advanced banking systems in the region”.   The Vice-President of the National Bank of Georgia David Amaglobeli introduced the details of the strategic document to the participants of the presentation.   The President of the Association of Banks of Georgia Zurab Gvasalia and the IMF Resident Representative in Georgia Robert Christiansen expressed their views on it.   According to Zurab Gvasalia “The principles and tendencies described in the strategy are also shared by the representatives of the banking system”.   Robert Christiansen declared that “Georgia’s banking system has been developing rapidly as a result of the firm and purposeful policy implemented by the National Bank of Georgia. The existence of the concrete action plan to further develop and modernize the banking system of Georgia is very important.  The International Monetary Fund gives a positive evaluation to the strategic document drawn up for the banking sector.”   The General Director of the “TBC Bank” Vakhtang Butskhrikidze positively assessed the strategic document on the development of banking system and noted: “According to the document the  main goal of the medium-term outlook is to eliminate gradually the existing problems, strengthen the stability and  efficiency of the banking system  under the competitive market environment and achieve the dynamic  growth of the banking sector  thus  increasing  its role in the country’s economy”.   The Council of the National Bank of Georgia has recently adopted Georgia’s Banking System Development Strategy for the years of 2006-2009.   Georgia’s banking system will be protected from any kind of negative macroeconomic shocks, both internal and external, if all tendencies and parameters set forth in the strategic document are fulfilled. As a result the public trust in the banking sector will increase. It will promote the accumulation of savings of the population in banks and  their channeling into investments.