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Special Report

May 15, 2018

Previous Issues:  Days: < 16 03 10 14 15

 

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legislation

    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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Exchange Rates (NBG)
  05/25/18 + / -
  USD   2.4805   0.0071
  EUR   2.9044   0.0056
  RUR   4.0050   0.0289
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