The National Bank of Georgia (NBG) has firmly dismissed speculation about a possible disconnection of Georgia’s financial system from SWIFT, stating there is “no valid reason” for such a measure.

In a statement released following social media discussions sparked by a draft European Parliament resolution, the NBG stressed that Georgia’s banking sector fully complies with both national laws and international sanctions regimes.

“The financial system is subject to rigorous oversight through on-site inspections and remote monitoring,” the NBG said, noting that foreign partners and international bodies, including the Council of Europe’s MONEYVAL, have consistently acknowledged Georgia’s high level of compliance with anti-money laundering standards.

The NBG also pointed to ongoing efforts to harmonise Georgian financial legislation with EU regulations, which have received positive international recognition. The sector’s transparency and alignment with global norms were cited as key reasons for growing investor confidence.

The SWIFT disconnection speculation stems from language in the European Parliament’s resolution, prepared by EPP MEP Rasa Juknevičienė, which references potential financial restrictions targeting the ruling Georgian Dream party. However, the NBG reaffirmed that the country’s financial system remains robust, transparent, and undeserving of any such punitive measures.