Home News NBG Simplified Rule for Banks on Structural Unit Establishment

NBG Simplified Rule for Banks on Structural Unit Establishment


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As National Bank of Georgia (NBG) informs, requirements are simplified for the banks, which plan branches, service-centers and representatives establishment.

  

Up to present only banks of first, second or third categories within CAMEL rating of NBG have had the right to set up additional structures.

  

Now the mentioned demand is not necessary for those banks, which have pressed ahead with the financial state, continually confirmed by estimations (2nd or 3rd category), made by outer supervision based on banks' financial reports, submitted in NBG.

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