EU to help NBG in improvement of financial monitoring mechanism
EU to help NBG in improvement of financial monitoring mechanism

The European Union will help the National Bank of Georgia (NBG) in the improvement of a financial monitoring mechanism with a new project.

The project’s budget is 1.75 million Euro and will be carried out in accordance with the agenda of Georgia-EU Association Agreement.

According to NBG, the agenda requires revision of the banking regulatory framework with respect to regulation of the banking sector and supervision policy.

 

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