Natia Turnava, Acting President of the National Bank of Georgia (NBG) attended the opening ceremony of the first Authorised Investment Fund in the country.
In her address, Turnava said, “The presence of a developed investment fund market in the country will increase the demand for investment products and services, contributing to economic growth and the development of financial markets.”
Turnava emphasized the significance of tight collaboration with international financial institutions, government agencies, and the private sector to revitalize the investment fund industry.
“We are actively working on market development initiatives. We hope to lay the foundation for the future development of the investment fund sector in Georgia through close cooperation with the private sector”, noted Natia Turnava.
According to the NBG, the Foresight GEL Money Market, launched by Foresight Investment Group, is a new type of financial product that further expands the range of financial products available to the public and the business sector.
