NBG head meets U.S. State Department delegation
The President of the National Bank of Georgia, Natia Turnava, met with a delegation from the United States Department of State.
According to the National Bank, the meeting focused on cooperation between the two countries in economic and financial areas, as well as the long-standing partnership between the National Bank of Georgia and the U.S. Federal Reserve System.
Turnava noted that a significant portion of Georgia’s international reserves is invested in U.S. Treasury securities. She also highlighted close correspondent banking relationships between Georgian commercial banks and major U.S. financial institutions.
The discussions further emphasized growing interest from American investors in Georgia’s economy, including in Georgian securities, which, according to the bank, strengthens confidence in the country’s financial system.
The National Bank president also briefed the U.S. delegation on Georgia’s regulatory framework for anti-money laundering measures and sanctions compliance. It was noted that the central bank maintains close cooperation with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and other relevant institutions.