The National Bank of Georgia hosted a World Bank expert group on a technical mission, holding working meetings with Vice Governor Nino Jeladze and representatives of the National Bank of Georgia, the Deposit Insurance Agency and the Ministry of Finance to discuss strengthening financial system resilience and crisis-management capabilities. The discussions focused on further improving Georgia’s resolution framework, aligning it with international best practices and refining operational aspects of the resolution regime. Talks also covered crisis-management arrangements and the financing of bank resolution, including the possibility of contingent World Bank financing for the Resolution Fund and related technical details, with the roles of the Deposit Insurance Agency and the Ministry of Finance highlighted in both the project and the broader resolution framework.
National Bank of Georgia 2025-11-27
National Bank of Georgia works with World Bank experts on strengthening bank resolution framework and potential Resolution Fund financing
The National Bank of Georgia, with a World Bank expert group, held meetings to enhance financial system resilience and crisis-management capabilities. Discussions focused on aligning Georgia's resolution framework with international standards and refining operational aspects, including potential World Bank financing for the Resolution Fund. The roles of the Deposit Insurance Agency and the Ministry of Finance were emphasized in the project and broader framework.