The National Bank of Georgia published an update on Governor Natia Turnava’s remarks at the 51st International Banking Conference co-organized by the Banking Association for Central and Eastern Europe and Cartu Bank, where she presented recent macroeconomic and banking-sector indicators and positioned Georgia as a growing regional financial centre. Turnava cited nearly double-digit real GDP growth in 2023–2024 and average growth of 7.5% in 2025, alongside banking-sector metrics as of February 2026 including return on equity of 22.4%, a non-performing loan ratio of 2.47%, and annual credit portfolio growth of 14.3% driven mainly by national-currency lending, which she linked to higher larization rates. The remarks also referenced S&P Global Ratings’ assessment that Georgia’s banking regulation is among the most advanced in the region and that asset quality ranks among the best.
National Bank of Georgia 2026-03-27
National Bank of Georgia Governor highlights banking sector resilience and strong performance metrics at BACEE conference
The National Bank of Georgia reported Governor Natia Turnava’s remarks at the 51st International Banking Conference, highlighting Georgia’s emergence as a regional financial centre. She cited strong macroeconomic performance with nearly double-digit real GDP growth in 2023–2024 and 7.5% average growth in 2025, plus robust banking indicators as of February 2026: return on equity of 22.4%, a non-performing loan ratio of 2.47%, and 14.3% annual credit portfolio growth driven mainly by national-currency lending and higher larization. Turnava also noted S&P Global Ratings’ view that Georgia’s banking regulation and asset quality are among the best in the region.