The National Bank of Georgia (NBG) is the central bank of Georgia, responsible for formulating and implementing monetary policy, promoting financial stability, and overseeing the country's banking system. Its core objectives include ensuring price stability, maintaining a stable financial system, and fostering a safe and efficient payment system. Established in the early 1990s following Georgia's independence from the Soviet Union, the NBG plays a crucial role in the country's economic development and financial regulation. The responsibilities of the NBG are multifaceted and include issuing the national currency (Georgian Lari), managing foreign exchange reserves, regulating and supervising financial institutions, and developing and implementing monetary policy aimed at maintaining price stability. The bank also oversees the payment and settlement systems, contributes to the development of the financial market infrastructure, and promotes financial literacy among the public.