2022-05-24
Georgia's favorable investment environment and the strategy for transforming Georgia into a multifunctional regional hub were the key topics of today's meeting between Georgian Prime Minister Irakli Garibashvili and Jay Collins, Citibank's Vice Chairman of Banking, Capital Markets and Advisory.
According to the Head of Government, the Government of Georgia is working on Georgia's transformation into a multifunctional regional hub, with a draft strategy already in place.
The meeting emphasized rankings from numerous influential think-tanks testifying to Georgia's favorable investment environment.
Irakli Garibashvili pointed out that the banking and financial services industry is one of the leading sectors in Georgia, with the country's two largest banks present on London Stock Exchange's Premium Listing. Georgia is consistent in implementing reforms toward integrating into European and Euro-Atlantic structures and for ensuring a predictable investment climate.
The Head of Government singled out Georgia as a reliable and stable business partner, also inviting Citibank's delegation to Georgia, to familiarize themselves with the country's investment environment.
Citibank is a major American bank with branches in 19 countries, including in the US, Mexico, the UK, India, Hungary, Poland, and Ireland. In 2021, the bank's income made up almost 72 billion USD.
Press Service of the Government Administration