FBOKF attended annual meetings of EARC & ERC in Tbilisi, Georgia

FBOKF delegation led by Director Nodir Abbosov attended annual meetings of EARC & ERC and the International Conference held in Tbilisi, Georgia on July 4-6, 2024. The event focused on exploring bank resolution tools and future challenges for deposit insurers.

Annual meetings of EARC & ERC provided an opportunity for deposit insurers from different countries to discuss up-to-date developments in the field of deposit insurance as well as comment on the future direction of respective regional committees. The International Conference saw various specialists from Europe and Eurasia share their experiences and insights regarding different resolution frameworks and available tools to resolve troubled banks.

As a part of the event, Nodir Abbosov met with Levan Todua, the head of the Deposit Insurance Agency of Georgia (DIA), and signed a Memorandum of Understanding between FBOKF and DIA to further enhance the cooperation between the two organizations.