Georgia’s Five Largest Banks to Transform Treasury Infrastructure in Landmark Partnership Between Nasdaq Calypso and The National Bank of Georgia
Five of Georgia’s largest banks will use a shared Nasdaq Calypso system as the central bank seeks lower costs and stronger risk oversight.
- On Monday, July 20, 2026, Nasdaq and the National Bank of Georgia announced a partnership to implement a shared treasury platform for five commercial banks: Bank of Georgia, TBC Bank, Liberty Bank, Terabank, and Basisbank.
- Georgia's commercial banking sector experienced double-digit growth over the past five years, with total assets approaching USD 38 billion. This expansion created demand for sophisticated treasury infrastructure capable of supporting complex risk management and international regulatory standards.
- The Nasdaq Calypso platform deploys as a shared model with each institution maintaining segregated data within a common framework. This architecture streamlines the full trade lifecycle, reducing reconciliation overhead and providing a single source of truth for treasury operations.
- Funding from the Japan-EBRD Cooperation Fund supports the initiative, which operates under the Georgian Market Advancement Program. Governor Natia Turnava of the National Bank of Georgia stated, "Modernising Georgia's treasury infrastructure is a strategic priority."
- Standardized reporting across all five institutions provides the NBG with enhanced visibility into systemic risk and liquidity positions. This integration ensures Georgia's continued alignment with international financial standards, including ISO 20022, strengthening financial transparency.
13 Articles
13 Articles
Financial Post
Financial ITGeorgia's Five Largest Banks to Transform Treasury Infrastructure in Landmark Partnership Between Nasdaq Calypso and The National Bank of Georgia
Shared Platform Backed by The National Bank of Georgia Will Deliver Trusted Global Infrastructure to Support Growth of the Banking Sector TBILISI, Georgia and NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced a landmark partnership with the National Bank of Georgia (NBG) to modernize the treasury and financial markets infrastructure […]
The Toronto Star
Georgia’s Five Largest Banks to Transform Treasury Infrastructure in Landmark Partnership Between Nasdaq Calypso and The National Bank of Georgia
TBILISI, Georgia and NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced a landmark partnership with the National Bank of Georgia (NBG) to modernize the treasury and financial markets infrastructure across Georgia's banking sector. Five of…
Georgia’s Five Largest Banks to Overhaul Treasury Systems in Nasdaq Partnership | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Nasdaq has announced a landmark agreement with the National Bank of Georgia (NBG) to modernize treasury and financial markets infrastructure across the country’s banking sector. Five of Georgia’s largest commercial banks, Bank of Georgia, TBC Bank, Liberty Bank, Terabank and Basisbank, will adopt the Nasdaq Calypso platform under a shared infrastructure model covering the full trade lifecycle. The initiative falls under the Georgian Market Advan…
Nasdaq partners with the National Bank of Georgia to drive Georgian treasury modernisation
The Bank of Georgia, TBC Bank, Liberty Bank, Terabank and Basisbank will adopt Nasdaq’s Calypso platform under a shared infrastructure model, to address growing demand for sophisticated treasury infrastructure in Georgian markets.
Georgia Transforms Bank Infrastructure with Nasdaq Calypso
Nasdaq announced a landmark partnership with the National Bank of Georgia to modernize the treasury and financial markets infrastructure across Georgia’s banking sector. Five of the country’s largest commercial banks — Bank of Georgia, TBC Bank, Liberty Bank, Terabank and Basisbank — will adopt the Nasdaq Calypso platform under a shared, common infrastructure model spanning the full front-to-back trade lifecycle. The initiative, operating under …
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