Economic Press Monitor
October 25, 2016
IN THIS ISSUE:
|
Full text is not available for the guests. Please, login, if you already have account, or register to get one.
|
|
| 1. |
IN LAST 5 YEARS, PROPERTY OF 10,000 PERSONS WAS SOLD
Finances & Banking
|
In 2015, number of property appropriations by commercial banks, microfinance organizations or private moneylenders has reached 1,410, the newspaper reports. Starting from 2011 and through 2015, National Bureau of Enforcement has sold 9,378 real estates.
Back to the Headlines
| 2. |
HOW IS GEORGIA’S BANKING SECTOR DEVELOPING
Finances & Banking
|
Trend of banking assets changes is one of the bets indicators for assessment of Georgian banking sector development, the magazine states. The article indicates that banks’ total assets amounted in 2004 to 1.7 billion lari, while have reached 26.7 billion lari in July 2016, increasing thus 15.7 times.
Back to the Headlines
| 3. |
NEW DIRECTOR’S VISION OF FUTURE
Finances & Banking
|
Kaka Kiknavelidze, new director general of Sakartvelos Banki (Bank of Georgia), sees “two major challenges in banking sector, not only in Georgian, but also in international scale”. “These are regulations and technological development”, he says.
Back to the Headlines
|
0.0099
