The aim of the study was to study banking innovative products, their classi ication and presentation of the quality of innovations in the banking system of Georgia. Speci ically, banking services in Georgia are gradually expanding and improving. It can be said that the use of plastic cards in the banking system of Georgia is incomparable with the situation in developed countries. Thus, this study is based on a scienti ic study of modern and innovative methods of banking services and research on the example of commercial banks in Georgia. In this research methods of analogy, abstraction, statistical observation, system approach, and comparative analysis methods were used. The results highlight that the banks aim to reduce the risk level during the crisis and to remain the residual risk after the crises period. Global inancial crises were experienced in recent years. The bank industry became the most sensitive ield regarding the inancial crisis. Because the risk are associated to all banking operation regardless the crisis, therefore the inancial risk management should take place daily in inancial institutions. The study of introduction of new banking technologies in the banking system of Georgia is important as the presence of the innovations such as plastic cards is the basis for the functioning of the country's economy.

The government procurement market is a macroeconomic system that includes interacting structural elements within a single system that are an integral part of a country's economic system. The state, as the owner of significant financial resources, acts as the largest subject of market relations in placing budget orders. State procurement (goods, construction works, services) is carried out to meet the most important state needs. Modern market relations have confirmed the need to regulate the process of procurement of goods, services and construction works in country by the state, at the level of an independent institution of executive power/government. In the modern economy, public institutions face the need to regulate the flow of financial resources in order to make procurements for state and social needs, which spending entities must implement efficiently and effectively. In this regard, certain areas of market research are discussed and some conclusions are presented.