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Special Report: Legislation
May 15, 2018

TAX & LAW BRIEF


PwC Georgia

IMPORTANT AMENDMENTS TO THE ORDER №49/04 OF THE NATIONAL BANK OF GEORGIA

Starting from 7 May 2018, new requirements apply to commercial banks while issuing loans to customers. According to the amendments:

- Banks shall assess customers’ (individuals, legal entities, organizations that are not legal entities) creditworthiness (income, expenditures, total liabilities) and all additional factors that might negatively affect customers’ liabilities.

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© 2018 PwC Georgia


PwC is one of the world’s largest providers of assurance, tax, and business consulting services. PwC has been serving clients in Georgia since 1996, and in July 2005, opened an office in Tbilisi, which now employs over 60 professionals. We have built up our position as supplier of professional services operating with integrity in accordance with the highest ethical standards and, as a result, we now play an important role in developing the business community in Georgia.

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