The National Bank of Georgia (NBG) is the central bank of Georgia, responsible for maintaining price stability, ensuring the effective functioning of the country's payment systems, and regulating financial institutions.
Founded in 1919 and re-established after Georgia's independence in 1991, the NBG plays a crucial role in formulating and implementing monetary policy, issuing the national currency (the Georgian Lari), and overseeing the financial sector.
In recent years, the NBG has been at the forefront of innovative financial reforms, including the development of Open Banking frameworks, the introduction of the Credit Registry, and the management of a Regulatory Sandbox to foster FinTech advancements.
Additionally, the bank is actively involved in the Central Bank Digital Currency (CBDC) project. It promotes financial inclusion, strengthens Georgia’s financial stability, and ensures transparency in banking operations. The NBG's efforts aim to create a more innovative, competitive, secure, and resilient financial ecosystem within Georgia. Outside the country, NBG is trying to be the financial and Fintech center of middle corridor.
