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Koba Gvenetadze

National Bank: Our Market is Open for All Commercial Banks Seeking Banking License

“Georgian market is absolutely open for all commercial banks and organizations that seek a banking license”, Koba Gvenetadze, president of National Bank of Georgia (NBG), told reporters.

After interested parties submit all required documents to NBG, they will receive a banking license, Koba Gvenetadze noted,

“The time will show how many commercial banks will operate in Georgia. Our objective is to strengthen the banking sector”, Koba Gvenetadze pointed out.