Georgian bank moves two steps upward in evaluation system of Sustainable Banking Network
Baku, Azerbaijan, October 18
By Tamilla Mammadova – Trend:
The National Bank of Georgia (NBG) moved two steps upward in the evaluation system of Sustainable Banking Network (SBN), Trend reports referring to the bank.
According to the report that evaluates steps made with purpose of sustainable development, Georgia moved from the ‘initial’ to ‘developing’ stage. Georgia is among seven countries, which reached similar progress.
The Sustainable Banking Network (SBN) is a unique, voluntary community of financial sector regulatory agencies and banking associations from emerging markets committed to advancing sustainable finance in line with international good practice.
Georgia has been a member of SBN since 2017. Thirty-eight member countries of SBN represent $43 trillion (85 percent) of the total banking assets in emerging markets.
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