Economic Press Monitor: Finances & Banking
January 12, 2021
BANKEBI DA FINANSEBI: ““IN PAST YEARS, WE HAVE IMPLEMENTED SIGNIFICANT MACROPRUDENTIAL MEASURES TO REDUCE EXCESSIVE INDEBTEDNESS AND CREDITS’ DOLLARIZATION””
In an article, published by The Banker magazine, president of the National Bank of Georgia (NBG) Koba Gvenetadze emphasizes measures taken by NBG to mitigate negative impact of COVID-19 pandemic on the country’s financial sector. Gvenetadze indicates that “The pandemic-like global shock, which we are facing now, emphasizes vital importance of constant preparedness to crisis”.
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