The Tbilisi Finance Summit officially opened today, October 23, at the Tbilisi State Opera and Ballet Theatre. The Summit is being held for the first time this year, within the framework of the Silk Road Forum.

The event was opened by the Governor of the National Bank of Georgia (NBG), Natia Turnava. The audience was also addressed by the Prime Minister of Georgia, Irakli Kobakhidze; the Speaker of the Parliament, Shalva Papuashvili; and the Minister of Economy and Sustainable Development, Mariam Kvrivishvili.

“Georgia’s emergence on the global financial map is not accidental. In recent years, the country has achieved impressive economic growth, maintained financial stability amid global challenges, and developed a favorable investment environment. Georgia has established and continues to maintain a stable macroeconomic framework, with nearly double-digit economic growth and relatively low inflation factors that distinguish our country even compared to more advanced economies,” said Natia Turnava.

According to the NBG Governor, Georgia’s banking system has demonstrated resilience to global challenges it remains well-capitalized, profitable, and supported by high-quality assets.

“It is therefore not surprising that over the years, Georgia’s financial industry has been a leader in attracting foreign direct investment compared to other sectors. Both regional and global investors are showing increasing interest in investing in Georgia’s financial sector. As a result, a number of new groups have already entered the Georgian market,” noted Turnava.

 

For reference, one of the co-organizers of the Tbilisi Finance Summit is the Global Finance and Technology Network (GFTN) a leading international network in the field of financial technologies.