Central Bank of Georgia Forum Details Partnership to Modernize Financial Markets…
What happened
The GMAP Market Development Forum 2026 was held in Tbilisi, organized by the National Bank of Georgia and the Georgian Financial Markets Treasuries Association, in partnership with Nasdaq. The forum introduced the Georgian Financial Markets Development Program (GMAP), which aims to expand access to risk management and hedging instruments in Georgia’s financial markets. A key initiative involves a shared treasury management system utilizing Nasdaq Calypso, which will be used by TBC, Bank of Georgia, Liberty Bank, Terabank, and Basisbank for treasury operations.
From georgiatoday.ge
Why it matters
The GMAP program seeks to contribute to the development of a more liquid and internationally accessible securities market. The shared treasury management system is intended to provide the banking sector with the capabilities needed to achieve these market development objectives.
The National Bank of Georgia is partnering to modernize financial markets infrastructure, guiding the development of Georgia's financial system.
From georgiatoday.ge
Who's involved
- National Bank of GeorgiaCentral bank leading the market development and modernization initiatives.
- NasdaqInternational stock exchange providing the shared treasury management platform.
- TerabankGeorgian bank participating in the shared treasury management system.
- BasisbankGeorgian bank participating in the shared treasury management system.
How this reaches others
Each traced step by step, with the reporting behind it- How will the GMAP Market Development initiatives affect Georgia's financial markets?Georgia's financial markets are modernizing through the GMAP programReported
- How will the new shared treasury management system affect TBC's operations?TBC to participate in new shared treasury system using Nasdaq CalypsoReported
- How will the new shared treasury management system affect Basisbank's operational capabilities?Basisbank joins shared treasury system to modernize Georgian financial marketsReported
- How will the shared treasury management system affect Terabank's operational capabilities?Terabank gains access to shared treasury system for risk managementReported
Keep exploring
The entities involved
-
National Bank of Georgia
central bank of Georgia
Nothing else this week.
-
Nasdaq
American fully electronic stock exchange
-
Tbilisi
capital and the largest city of Georgia (country)