National Bank of Georgia Releases Second Draft of Fintech Development Strategy
The National Bank of Georgia (NBG) has published the second draft of Georgia’s Fintech Development Strategy, incorporating feedback from public and private stakeholders following a broad consultation process.
The initial draft of the strategy was released last year, after which the NBG invited comments and held individual meetings with interested parties to address their specific concerns and recommendations. The newly updated version reflects that input and is accompanied by a supporting document outlining the strategy’s objectives, performance indicators, and the interrelationship between priority activities.
In parallel, the NBG is developing a detailed action plan that will specify the responsible agencies for each activity and outline target indicators to measure progress.
To encourage continued public-private cooperation, the National Bank has reiterated its openness to receiving further comments and suggestions on the updated version of the strategy.
The Fintech Development Strategy aims to position Georgia as a regional hub for innovative financial services while ensuring regulatory clarity, consumer protection, and financial stability.
