The document published by the US Department of State gives positive assessment to the accomplishments of the National Bank of Georgia. The report states: "The IMF, credit rating agencies, and other international organizations positively assess the NBG’s macroeconomic framework and inflation targeting regime. In March 2021, the NBG was awarded the Transparency Award by the international publisher Central Banking. The award highlighted the improved communications on monetary policy, financial stability, consumer protection and financial education. The NBG also was nominated for the Risk Manager Award of 2020 by the same group. In 2020, Global Finance named Koba Gvenetadze, Governor of the NBG, among the Best Central Bankers for the third time."

According to a US Department of State report, the banking sector is one of the fastest growing sectors of the Georgian economy. Despite the regional and global challenges facing neighboring countries, Georgia's banking sector is well regulated and capitalized.

The United States Department of State assesses the investment climate in the world. The document reviews the business environment and economies of more than 170 countries. As part of its research, the US Department of State assesses the investment climate in Georgia. The document discusses in detail how open the country is to investment, the country's financial sector, active legal issues and more.


www.state.gov   
www.ge.usembassy.gov