Discussing Financial Innovations and Sustainability at the European Fund for South East Europe Conference



On October 22, Mr. Aleksi Aleksishvili, Chairman and CEO at PMCG, participated in an event entitled “Two Sides of the Coin: the Currency Debate” organized by the European Fund for South East Europe (EFSE) and the Green for Growth Fund (GGF).

In the course of the event, Mr. Aleksishvili and Mr. Koba Gvenetadze, Governor and Chairman of the Board of the National Bank of Georgia, discussed the approaches toward and tools of ensuring the stability of the local currency, as well as the overall economic development of Georgia.

During the event, the EFSE declared it would be increasing its portfolio in Georgia and signed new loan agreements with leading banks on the market.

“I would like to thank the EFSE and other organizers for this opportunity to discuss important topics for Georgia’s economic development. It was very interesting to share opinions regarding crucial aspects of the financial innovations. I also want to congratulate the EFSE on increasing its portfolio in Georgia”, said Mr. Aleksishvili.

The event brought together participants (online and offline) from the Eastern Neighborhood region and beyond. Dr. Klaus Müller, Chairperson of the Board of the European Fund for Southeast Europe, Mr. Olaf Zymelka, Chairperson of the Board of Green for Growth Fund, and Mr. Bernard Schembri, Program Manager, DG NEAR, European Commission, all participated in the event and shared their respective plans regarding further support for Georgia’s economic development.

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