Secteur d'activité • Finance - Assurance - Banque
New law on investment funds a breath of hope for struggling
financial markets
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.
