KNF starts twinning project with the National Bank of Georgia

The delegation of the European Union to Georgia notified the signing of a twinning agreement to the National Bank of Georgia by the Office of the Polish Financial Supervision Authority (UKNF). It concerns the strengthening of the capacity of the National Bank of Georgia in the area of banking and payment services in accordance with EU standards, KNF said.

“This will be the fourth twinning project implemented by the Polish financial supervision authority and again with a country considered as a priority for the foreign policy of the Republic of Poland,” KNF stated. The project has received a €1.75 million grant from the European Commission allotted for the period between March 2019 and February 2021.