The National Bank of Georgia reported that First Vice Governor Ekaterine Mikabadze participated in a regional financial conference in Washington, D.C. during the IMF and World Bank Spring Meetings, where she discussed financial and supervisory priorities for strengthening partnerships between Azerbaijan, Georgia, Türkiye and the United States. Mikabadze linked rising economic activity along the Middle Corridor to increased demand for interconnected financial services and highlighted the National Bank of Georgia’s cooperation with the central banks of Türkiye and Azerbaijan on modern real-time gross settlement (RTGS) systems, instant payment systems (IPS), fintech initiatives and measures to improve cross-border payment efficiency. She also addressed monetary policy risks in an environment of heightened global uncertainty, citing the National Bank of Georgia’s risk-based monetary policy approach and stating that it has maintained low inflation, with the bank continuing to pursue risk-based management focused on price stability.
National Bank of Georgia 2025-04-30
National Bank of Georgia outlines RTGS and instant payments cooperation with Türkiye and Azerbaijan at IMF and World Bank conference
First Vice Governor Ekaterine Mikabadze of the National Bank of Georgia attended a regional financial conference in Washington, D.C., discussing financial priorities to strengthen partnerships between Azerbaijan, Georgia, Türkiye, and the United States. She emphasized the demand for interconnected financial services due to rising economic activity along the Middle Corridor and highlighted cooperation on RTGS systems, IPS, and fintech initiatives. Mikabadze also addressed monetary policy risks, noting the bank's risk-based approach has maintained low inflation and focuses on price stability amid global uncertainty.