On May 31 Bank of Georgia, the leading bank of Georgia held the first regional conference of Wealth Management. The event aimed to introduce Georgia as a regional hub for private banking service.
The prospects and challenges of making Georgia a regional banking center were discussed within the framework of the conference, including the investment climate in Georgia, as well as the country’s economy and banking sector. The Conference was attended by leading financial institutions from the countries of Europe, Israel, the Middle East and Russia, also by the international clients and professionals from the legal and taxation fields.
“Bank of Georgia has been active in asset and wealth management since 2005. The Bank serves the world’s most successful, affluent individuals and their families from more than 60 countries worldwide. At present we are operating through representative offices in Eastern Europe, the Middle East and Great Britain. The unique offer of the Bank of Georgia, along with stability and attractiveness, provides our clients with the opportunity of investing in Georgia, which many foreign customers perceive as very attractive,” stated Kaha Kiknavelidze, General Director of Bank of Georgia.
“The National Bank of Georgia welcomes diversification of banking activities from commercial banks and accumulation of knowledge and experience in this regard. The development of this direction makes it possible for the customers to obtain a variety of financial services from commercial banks. The foreign consumers growing interest in the asset and wealth management is quite important, indicates high confidence in the Georgian banking system and positively affects the country’s investment image,” pointed out Koba Gvenetadze, the President of the National Bank of Georgia.
