The Center for Financial Analysis of Georgia (CFA-Georgia) is an independent non-governmental research institution dedicated to facilitating sustainable development of the Georgian financial and banking sector.

       CFA-Georgia aims at conducting financial analysis in various sectors of economy and industry and to make comparative analysis of similar sectors of newly established eastern European countries and the former Soviet Union in finding optimal solutions to existing problems, which are crucial for the continued economic development of Georgia. It will facilitate the adoption of policies and institutional changes by the application of practical methods, including those used in mathematics and econometrics.

       CFA-Georgia focuses on continued developments in Georgia, former Soviet Union and eastern European countries in the following spheres:

1. State financial sector:
   • State budget and budgetary process;
   • Domestic and external debts;
   • State debt management tools;
   • State pension fund and Treasury Bills.
2. Macroeconomic Situation
   • Monetary and credit policy analysis;
   • Key macroeconomic indicators and their forecasting;
   • Main indicators of economic development;
   • Investment climate and promising sectors for investments;
   • Evaluation of local investment conditions and the effectiveness of investment.
3. Capital Markets
   • Corporate management effectiveness and transparency;
   • Introduction of effective systems for monitoring financial activities;
   • Providing different level of access to Management information Systems (MIS);
   • Introduction of effective business procedures;
   • Business risks;
   • Capital adequacy and dividend policy;
   • Mergers & acquisitions;
   • Capital markets, private pension funds and insurance companies.
4. Market analysis and marketing
   • Identification and analysis of market saturation;
   • Identification of market structure, competitive environment and situational analysis;
   • Business diversification.
5. Banking sector
   • Effectiveness of commercial banks performance;
   • Monitoring of changes in banking supervision and regulation;
   • Mergers & acquisitions in the banking sector;
   • Commercial banks actual capitalization;
   • Banking system sustainability;
   • Division of responsibilities between Suvervisory Board (shareholders) and Board of Directors (management) in the banks;
   • Introduction of new products.