On February 6-7, the representatives of Thomson Reuters Corporation, the Multinational Media and Information Firm, visited the National Bank of Georgia.

Thomson Reuters holds a two-day workshop on “The World Financial Markets: Risks and Opportunities” for the Georgian Companies and Commercial banks.

Thomson Reuters will overview the international markets, discuss how to use the money market instruments in the liquidity management process and the management of foreign exchange and interest rate risks through derivatives on the international markets. The fixed income market and in particular, the bonds on primary and secondary market will be discussed as well. The credit quality of obligations and analysis of yield curve and portfolio hedging: options and futures hedging will be discussed during the workshop. The National Bank will introduce the monetary policy strategy and operations to the participants. Opportunities and basic procedures for liquidity and foreign exchange risk management on the internal markets will be discussed as well.

”The National Bank organizes this kind of workshops periodically, aiming at informing banking and business sector about the risk management tools on internal and external markets. Our goal is to help the market participants to deal with exchange rate (market) and liquidity risks. This in its own term facilitates the macroeconomic stability and country’s economic growth. We familiarized participants with monetary policy directions of the NBG, for the purpose of developing sound long term expectations in order to use existing opportunities maximally and efficiently. We also introduced the existing and expected novelties in banking sector, such as the retail certificates of deposit and floating rate notes”, - Mr. Mestvirishvili, Vice-Governor of NBG stated.

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. It combines industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare, science and media markets, powered by the world’s most trusted news organization. Thomson Reuters was established in 2008 by combination of two companies: the Reuters Group Company operating in Britain from 1851 and The Tomson Corporation operating in Canada from 1930. The Corporation is headquartered in New-York.