Zhorzhikashvili (ჟორჟიკაშვილი), Nino (ნინო)2022-04-262022-04-262022International Scientific Conference Dedicated to the Establishment of the University and the 100th Anniversary of the Faculty of Economics and Business “Covid 19 Pandemic and Economics”, Tbilisi, 2022, pp. 263-267978-9941-491-70-2https://dspace.tsu.ge/handle/123456789/14791. საქართველოს ეროვნული ბანკი (2017). კაპიტალის დამატებითი ბუფერის მოთხოვნა სისტემური ბანკებისათვის, 23 2. Borio, C. (2015). Macropruencial Policies, 10-12 3. Dijkman, M. (2015). Monitoring Financial Stability in Developing and Emerging Economies, 5-7, 30-33 4. Galati, G., Moesner R. (2011). Macroprudential Policy. BIS working paper No 337, 23 5. Murphy, E. (2012).What is systemic risk?,2-5 7. Shmieder C. (2011). The balance-sheet based approach to stress-testing,8-9Achieving financial stability is a major challenge for any country, especially in the wake of the 2008 global financial crisis. A sound financial system creates the conditions for the economic development and economic goals of the country, therefore it is very important to identify the systemic risks causing the financial crisis and eliminate them. The 2008 global financial crisis once again raised the issue of more active use of macroprudential policies, as it became clear that microprudential policies and its regulations were not sufficient for financial stability. Macroprudential policy plays a crucial role in identifying systemic risks and neutralizing the financial cyclicality, which ultimately implies the implementation of preventive measures and the implementation of effective banking supervisory policies.geMacroprudential policy, systemic risks, financial stabilityArticle