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The NBG Released The Second Draft Of Georgia’s Fintech Development Strategy

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Following consultations with stakeholders, the National Bank of Georgia (NBG) is releasing the second draft of Georgia’s Fintech Development Strategy.

The NBG published the initial draft of the strategy last year, along with a public call for comments and recommendations from stakeholders.

Following the comments and recommendations received from various private and public institutions, the NBG conducted individual meetings with stakeholders to discuss their specific interests in greater detail.

The revised strategy reflects the feedback received and is accompanied by a supplementary document that maps strategic goals and key performance indicators (KPIs) to the priority actions identified for implementation.

A more detailed action plan is currently being developed, which will further specify the responsible institutions for each activity and define target values for the KPIs.

The NBG remains committed to fostering active public-private collaboration among stakeholders throughout the development of the National Fintech Development Strategy and welcomes additionl comments and recommendations on the updated draft.

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