Successful Regional Workshop on FinTech Development in the CAREC Region Showcases Strategic Collaboration and Knowledge Sharing

The recently concluded regional workshop on Financial Technology (FinTech) development in the CAREC region has been hailed as a resounding success, highlighting the power of strategic collaboration and knowledge sharing in driving financial innovation.

Hosted by the Asian Development Bank (ADB) and the CAREC Institute, in collaboration with the Ministry of Economy and Sustainable Development of Georgia and the National Bank of Georgia, on 21-22 February 2024, the workshop brought together a diverse group of stakeholders, including government officials, industry experts, and development partners, to explore the transformative potential of FinTech in fostering economic growth and regional cooperation.

The workshop aimed to align with the important objectives outlined in ADB’s Strategy 2030 and the CAREC Digital Strategy 2030. By fostering regional financial cooperation, promoting economic stability, and enhancing financial inclusion, the workshop contributed to promoting a more interconnected and resilient financial ecosystem in the CAREC region.

The workshop highlighted the importance of bridging the digital divide to foster economic growth and development. “Through collaborative efforts and innovative approaches, we can bridge the digital gap and harness the full potential of digitalization for inclusive economic growth and development across the CAREC region,” said Mr. Kabir Jurazoda, Director of the CAREC Institute, in his opening remarks.
The meticulously organized event featured engaging panel discussions, insightful presentations, and interactive sessions that delved into key topics such as the role of FinTech in regional economic cooperation, regulatory frameworks, and the digital transformation of financial services. Participants had the opportunity to exchange ideas, share best practices, and forge valuable connections with peers from across the CAREC region.

For more information on the workshop and upcoming events, please visit the CAREC Institute’s website and E-learning platform.