Tag Archives: George Kadagidze

The former President of NBG excludes NBG’s guilt in insufficient efforts to protect GEL. Kadagidze declared in an interview with Forbes, that he was offering the government to invite economist of any country when the former Prime Minister had attempts to discredit NBG. “If a conclusion was made, that NBG …

Unlike 2013-14, the budget spending was more equal in this fiscal year than ever, – President of the National Bank of Georgia (NBG) George Kadagidze said when he was asked whether the budget had a negative impact on the lari  exchange rate. “This year, the budget spending was  equal as …

According to the forecast of the National Bank of Georgia, inflation will peak in the first quarter of 2016, but in the second quarter will return to the target rate of 5% -NBG President George Kadagidze states. In his words, at present, inflation is much higher than the planned target, …

President of the National Bank of Georgia (NBG) George Kadagidze cannot agree with the opinion that commercial banks still hold non-core assets, after the law banning  such ownership was passed. “These cases were not frequent  before  the adoption of the law but now a process of separation of non-core assets …

In the case of the fundamental resolution of a problem with the Georgian lari, we, in principle, can return it to the previous rate. George Kadagidze , President of the National Bank of Georgia said in an interview with the Russian edition Vlast. The fundamental solution to this problem is to …

Irresponsible statements should not be made in relation to the national currency, PM Irakli Garibashvili told reporters at the government administration where he held a working meeting with the National Bank President George Kadagidze. The PM called on everyone to be responsible when referring to the national currency. According to …

If investment in education is not massively expanded, then it will be very difficult to compete in the modern world – George Kadagidze, President of the National Bank of Georgia (NBG), states. “In the 21st century, the only resource is educated and free workforce as well as efficient staff. The …

Global Finance magazine has named the heads of the Central Banks of the Czech Republic, the European Union, India, Israel, Malaysia, Paraguay, Peru, the Philippines, and Taiwan as the World’s Best Central Bankers over the past year, in recognition of their achievement of a prestigious “A” grade on Global Finance’s …

“Now is not the time for wild accusations, it is time to work round the clock,” George Kadagidze, President of the National Bank of Georgia (NBG), said  at a briefing. According to him, completely baseless and comical allegations from the government and members of the ruling coalition have become a …

According to the President of the National Bank of Georgia (NBG), loans should be cancelled for the flood  victims, especially in cases when the solvency is  zero. George Kadagidze says  that  the National Bank is involved in the process, the process of  inventory and lists verification entered  the final phase. “Banks …