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Tag Archives: Giorgi Kadagidze

Nobody Loves Commercial Banks in Poor Countries, There is Nothing Extraordinary

Giorgi Kadagidze

“Nobody loves commercial banks in poor countries, but there is nothing extraordinary in this reality”, Giorgi Kadagidze, the former president of National Bank of Georgia (NBG) said when commenting on the last statement by Finance Minister Mamuka Bakhtadze regarding commercial banks. “Anti-bank moods is an important part of political agenda …

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Giorgi Kadagidze Appointed Acting Dean of Iliauni Business School

Giorgi Kadagidze has been appointed an acting dean of Iliauni Business School. He will occupy the position of a dean after the official competition. Today, the board voted for his candidacy on the position of an acting dean. Before, the mentioned position was occupied by Nino Pataraia, who will lead …

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Commercial Banks Rather Harm Economy than Benefit

When appointed as the National Bank President, Giorgi Kadagidze sharply criticized commercial banks and blamed them for frustrating economic development. However, the time passed and Kadagidze has never dared anymore to make sharp statements in relation to commercial banks. We have not heard sharp statements from the current president of …

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Giorgi Kadagidze Established a Professional Study Center, Edushare

Giorgi Kadagidze established a professional study center, Edushare. The former president of National Bank will start reading lectures of “Macro economy for executives” to course attenders, on 27th of March. The main aim of the Edushare is providing high quality professional programs for executive leaders and professionals. According to the …

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Supervision of the Financial Sector is Returned to NBG

Supervision of the Financial Sector is Returned to NBG

Supervision of financial sector is returned to National Bank of Georgia. Dimitri Kumsishvili has submitted the draft bill on delivery of supervision to NBG at the government session. “As a result of recent changes we considered that supervision of the financial sector should be returned to the National Bank. Therefore, …

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Giorgi Kadagidze: 500 000 Taxpayers Sustain 3.2 million Georgian Citizens

“500 000 taxpayers sustain 3.2 million citizens of Georgia”, Giorgi Kadagidze, the former president of National Bank of Georgia (NBG), wrote on his own Facebook page. Not very joyful mathematics: Population of Georgia – 3.7 million residents Workforce – 2 million persons Employed – 1.77 million persons. Self-employed – 1 …

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Giorgi Kadagidze Talks about Simple Mechanisms for Overcoming Crisis

Giorgi Kadagidze

Giorgi Kadagidze,  the former president of National Bank of Georgia (NBG), has released a special statement on his own social network page. In his statement Kadagidze talks about simple mechanisms for recovering the state economy from crisis. This is an Estonian model of reacting to crisis situations (external shocks), when …

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Business Café Meets up for a Sixth Time

Business Café Meets up for a Sixth Time

With the exclusive support of PASHA Bank the meetings of “Business Café” – the project initiated by consulting company “Insource” – continues. On Sept. 29th the sixth meeting hosted representatives from top management of the leading businesses. The meeting was moderated by Lado Gurgenidze, former Prime Minister of Georgia, an …

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Kadagidze Leaves – I Think We’ve Done Lots of Things

Office term of 7 years (3,5 years – National Movement and 3,5 years – Georgian Dream) expires to the president of National Bank of Georgia on February 25. Giorgi Kadagidze leaves the position, as the best manager of Europe’ Central Bank of 2014, with a lot of praises and criticism. …

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