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Special Report

May 10, 2019

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legislation

    TAX AND LAW BRIEF

    PwC Georgia

    ORDER #74/04 OF THE PRESIDENT OF NATIONAL BANK OF GEORGIA ON “THE REQUIREMENTS OF COMMERCIAL BANKS’ PRICING MODELS”

    - Order #74/04 issued on 24 April 2019 by the President of National Bank of Georgia (“NBG”) determined healthy pricing requirements for banking products.

    - Under the order, healthy pricing principle includes, among others, adequate evaluation of certain risks and expenditures by commercial banks (banks) on the entire duration of the banking product.


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