List of Banks in Georgia
Georgia is a sovereign state in the
Caucasus region of Eurasia. Situated at the juncture of Eastern
Europe and Western Asia, it is bounded to the west by the Black Sea,
to the north by Russia, to the southwest by Turkey, to the south by
Armenia, and to the southeast by Azerbaijan. Georgia covers a territory
of 69,700 km˛ and its population is almost 4.7 million. Georgia's
constitution is that of a representative democracy, organized as a
unitary, semi-presidential republic. It is currently a member of the
United Nations, the Council of Europe, the World Trade Organization, the
Organization of the Black Sea Economic Cooperation, the Organization for
Security and Cooperation in Europe, the Community of Democratic Choice,
the GUAM Organization for Democracy and Economic Development, and the
Asian Development Bank. The country aspires to join NATO and the
Bank: National Bank of Georgia
The National Bank of
Georgia is the central bank of Georgia. Its status is
defined by the Constitution of Georgia. The main objective
of the National Bank is to ensure price stability.
Georgia's first central bank was established in 1919. In its
current form the National Bank of Georgia has existed since
According to the Constitution of Georgia, the National Bank
is independent in its activities. The members of legislative
and executive bodies haven't right to intervene in NBG's
activities. The rights and obligations of the National Bank
of Georgia as a central bank of the country, the principles
of its activity and the guarantee of its independence are
defined by the Organic Law of Georgia on the National Bank
The National Bank of Georgia implements monetary policy
according to the main directions of monetary and foreign
exchange policy defined by the parliament of Georgia. It
holds, keeps and disposes international foreign reserves of
the country. Through its regulation and monetary instruments,
the National Bank of Georgia is responsible for ensuring the
fulfillment of basic functions and objectives assigned to it
For the purpose of facilitating financial stability and
transparency of the financial system, as well as for
protecting rights of the sector consumers and investors, the
National Bank exercises supervision over the Financial
Sector. Through the Financial Monitoring Service of Georgia
- the Legal Entity of the Public Law, the National Bank
undertakes measures against illicit income legalization and
terrorism financing. In addition, the National Bank
represents a banker and fiscal agent of the Government. The
NBG is the banker and fiscal agent of the government.
The NBG is responsible for performing and disseminating
financial and external sector statistics in accordance with
international standards and methodologies, also for
effective and proper functioning of payments systems. The
Bank has the sole right to issue money units as legal tender
in the territory of Georgia, as well as the right to mint
commemorative coins for numismatic and circulating purposes.
The National Bank of Georgia may provide banking services to
foreign governments, foreign central banks and foreign
monetary authorities, as well as international organizations.
The National Bank participates in the activities of
international organizations that pursue economic stability
in the monetary sector through international cooperation.
List of Operating Commercial Banks
1 JSC Bank "Republic"
2 JSC "PrivatBank"
3 JSC "TBC Bank"
4 JSC "Bank of Georgia"
5 JSC "Liberty Bank" "R.B.G"
6 JSC "Basisbank"
7 JSC "VTB Bank – (Georgia)"
8 JSC "Cartu Bank"
9 JSC "Procredit Bank"
10 JSC "BTA Bank"
11 JSC "Investbank"
12 JSC "The International Bank of Azerbaijan-Georgia"
13 JSC "Ziraat Bank A.S. (Head office – Ankara, Turkey), Tbilisi Branch".
Foreign bank’s branch
14 The Joint Commercial "Transcaucasus Development Bank" Ltd
15 JSC "HSBC Bank-Georgia"
16 JSC "Progress Bank"
17 JSC "KOR Standard Bank"
18 JSC "Halyk Bank Georgia"
19 JSC "Constanta Bank"
Information about Georgia
Payment System in Georgia