22:54 - 23.07.2026

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July 23, Fineko/abc.az. The banking sector of Georgia is preparing for a major technological upgrade as five leading institutions—Bank of Georgia, TBC Bank, Liberty Bank, Terabank, and Basisbank—transition to the unified international Nasdaq Calypso platform.

Supported by the National Bank of Georgia, the initiative aims to modernize infrastructure across a banking sector whose assets have grown to nearly $38 billion. Implementing a single global standard will optimize IT development costs, accelerate transaction processing, and enhance risk management.

The modernization of these key banks, which control the vast majority of the country's assets, is expected to boost Georgia's financial stability and accelerate its integration into the global financial system.