Statement by National Bank of Georgia
05.10.12 20:48
President of the National Bank of Georgia said today that the change of government will have no negative affect on the bank system of the country.
Giorgi Kadagidze explained the country`s financial situation is stable and Georgia has enough reserves to control the situation.
"The National Bank of Georgia always was, is and will be the guarantee for the country`s financial stability. Today, the inflation is controllable and the currency exchange rate is stable. Our bank system is very healthy. Furthermore, we have reserves of USD 3 million, which are enough for eradicating any kind of possible shock in the country. I think, no questions exist or can even exist regarding the issue", he said.
|
