
Varlam Ebanoidze
Head of Fintech and Suptech Development Department
National Bank of Georgia
Biography
Varlam Ebanoidze brings an impressive 17-year track record of professional experience, specializing in risk management and digitalization within the banking sector. At NBG Varlam focuses on implementing a countrywide FinTech Open Finance strategy and regulatory framework. Varlam's passion lies in the strategic transformation of risk management to align with the evolving paradigm of 'Open Finance'.
About the company
The National Bank of Georgia (NBG) is the central bank of Georgia. The main objective of the National Bank is to ensure price stability. Georgia's first central bank was established in 1919. In its current form the National Bank of Georgia has existed since 1991.
Presentation
CBDC as a Platform
The National Bank of Georgia (NBG) has found a balance between being “Solutions Obsessed Versus Problem Obsessed”. During the limited access live environment pilot stage, NBG will “Learn by Doing” and implement a “Bottom-Up” approach while going through the most relevant use cases for the local landscape. NBG’s stakeholder-centric CBDC platform will complement existing payment channels and provide a safe foundation for private sector innovations in order to meet society’s current and future needs. Moreover, NBG will be on track to support wider trends and new promising innovations by facilitating a new digital form of money to adopt features and instruments aimed to expand functionality and bring increased value for retail users and the private sector.
The National Bank of Georgia (NBG) has found a balance between being “Solutions Obsessed Versus Problem Obsessed”. During the limited access live environment pilot stage, NBG will “Learn by Doing” and implement a “Bottom-Up” approach while going through the most relevant use cases for the local landscape. NBG’s stakeholder-centric CBDC platform will complement existing payment channels and provide a safe foundation for private sector innovations in order to meet society’s current and future needs. Moreover, NBG will be on track to support wider trends and new promising innovations by facilitating a new digital form of money to adopt features and instruments aimed to expand functionality and bring increased value for retail users and the private sector.

