| Description |
1 online resource (34 pages) : illustrations (some color), graphs |
| Series |
IMF Country Report, 1934-7685 ; no. 15/8 |
|
IMF country report ; no. 15/8.
|
| Contents |
Cover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; TABLE; 1. FSAP Update: Main Recommendations; INTRODUCTION; OVERVIEW; EMERGENCY LIQUIDITY ASSISTANCE; FIGURE; 1. The Number of Banks in the System; RESOLUTION FRAMEWORK; BOXES; 1. Selected Legal Considerations in the Application of Resolution Tools; DEPOSIT INSURANCE SCHEME; 2. Design Features of a Deposit Insurance Scheme; CRISIS PREPAREDNESS AND MANAGEMENT; APPENDIX; I. Examples of Recovery and Resolution Plans |
| Summary |
Recent experience in handling troubled banks was limited. The National Bank of Georgia (NBG)is the lead authority responsible for managing problem banks, as it can appoint a temporary administrator, declare a bank as insolvent and bankrupt, and commence a liquidation procedure. In the 1990s, market entry was not subject to significant restrictions, and the number of banks operating in Georgia reached a peak of 229 in 1994. Since then, the authorities have commenced a significant number of liquidation procedures, and the last cases based on insolvency grounds have been closed in 2009. Therefore |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF cover (ebrary, viewed March 5, 2015) |
| Subject |
International Monetary Fund -- Georgia (Republic)
|
|
National Bank of Georgia.
|
| SUBJECT |
International Monetary Fund fast |
|
National Bank of Georgia fast |
| Subject |
Banks and banking -- Georgia (Republic)
|
|
Financial risk management -- Georgia (Republic)
|
|
Financial crises -- Georgia (Republic) -- Management
|
|
Banks and banking
|
|
Financial risk management
|
|
Georgia (Republic)
|
| Form |
Electronic book
|
| Author |
International Monetary Fund, issuing body.
|
| ISBN |
9781498316903 |
|
1498316905 |
|
1498375979 |
|
9781498375979 |
| ISSN |
1934-7685 |
|
