National Bank Wants to Regulate Non-bank Financial Institutions

access_time2017-12-04 16:59:13

The National Bank of Georgia  wants to control the non-banking sector, - President of the National Bank of Georgia said  at the Finance and Budget Committee session in the Parliament in response to the MPs' question.
According to him, approaches have already been developed, which are quite strictly set.
“Approaches have been developed, which are quite strictly set. Our goal is to start regulating of non-banking financial institutions. It will not be such as in banks ... If the parliament supports our initiative, we will need some time to launch it, "Koba Gvenetadze said.

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