highest body of the National Bank of Georgia is the Council of the National Bank, whose members shall be approved by the Parliament, by the majority of the total number of deputies upon the nomination of the President, for the period of seven years. The members of the Council may be dismissed only upon the decision of the Parliament, in accord with Article 64 of this Constitution. 2.The President of the National Bank shall be appointed from the Council members, and relieved of his/her duties by the President of Georgia, upon the nomination of the Council of the National Bank. 3.The National Bank shall be accountable to the Parliament and submit a report on its activities on the annual basis. External links Official Website References Bank Banks of Georgia (country) Georgia 1919 establishments in Georgia (country) Banks established in 1919