New law on investment funds a breath of hope for struggling

financial markets

BLC Law Office

Historically, access   to finance has been a major challenge for businesses in Georgia.

In spite of several waves of reform and the declared policy of the Georgian government to develop capital markets, these remain at an inception stage. Although the Georgian banking sector is rather strong, a predominant part of businesses is not bankable. In addition, absence of competition among funding sources impedes product development and the financial institutions, while advanced technologically, remain conservative in product development.

Documentation

Download 2020_September.pdf  (PDF • 5 MB)
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