IN 2021, 10 NON-BANK LENDING ENTITIES WERE REGISTERED IN GEORGIA, WHILE REGISTRATION OF 25 ONES WAS CANCELED

National Bank of Georgia (NBG) reported that during 2021, 10 new lending entities (non-bank entities, serving simultaneously over 20 borrowers) were registered in the country, while registration of 25 such entities was canceled.

Accordingly, as of December 31, number of registered lending entities made up 183, which, together with branches, are placed at 345 locations countrywide, NBG said in its annual report for 2021.