The National Bank of Georgia has published the 2025 edition of its 2023-2025 Supervisory Strategy.

The National Bank of Georgia places special emphasis on developing long-term policies that are focused on the inclusive and sustainable growth of the economy. With this goal, since 2020, the NBG has annually published its supervisory priorities and a corresponding action plan.

Experience from previous years has shown that the supervisory strategy document serves as an important reference document for both the National Bank and financial sector representatives. It supports effective planning within the National Bank, provides a clear vision for employees, and increases predictability for the sector regarding future initiatives. Moreover, it ensures the accessibility of information on supervisory priorities and plans to investors, international financial institutions, rating agencies, the public, and other stakeholders.

The 2023-2025 Supervisory Strategy, which the National Bank developed with the active involvement of the private and civil sectors, was published in 2023 and is updated annually.

As noted in the 2023-2025 Supervisory Strategy, the National Bank's supervisory priorities remain unchanged for three years. Accordingly, the National Bank continues to conduct its supervisory activities based on the following five priorities:

• Improvement of financial sector risk management framework and proactive response to outcomes;
• Promotion of competition in the financial sector;
• Promotion of financial innovation and development of supervisory technologies;
• Approximation to international standards;
• Strengthening the supervisory function of the National Bank and increasing transparency;

 

The 2025 edition of the Supervisory Strategy focuses on the action plan for achieving supervisory priorities, the corresponding activities and their deadlines, and the 2024 report on the implementation of the supervisory strategy.

 

Additionally, the National Bank will soon begin working on a new supervisory strategy document, which will outline new strategic priorities, corresponding objectives, and an action plan for the next three years (2026-2028). The process of preparing the new document will involve the active participation of interested parties.