20 April 2024,   17:23
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TBC Bank Case and Banking Regulations - President of the National Bank is expected in Parliament

The scandalous case of TBC Bank will be the reason for acute debates in the parliament today. At the session the President of the National Bank is expected to be the addressee of the questions about the large financial institution.Opposition calls for clarification of the questions from Koba Gvenetadze on this issue.
"There are signs of use of the National Bank for political persecution. That"s why we have a question whether the national bank is acting independently or not, "said Ms. Salome Samadashvili, an UNM member.
Banking regulations will be one of the main issues, which will be discussed by the members of "European Georgia". According to Zurab Tchiaberashvili, these regulations have put 10 thousands of citizens in bad condition.
"Koba Ghentadze simply wants to formally implement the rules, come to the plenary sitting, where the Georgian Dream"s parliamentary majority will just protect him. We have the biggest complaints against the National Bank President regarding banking regulations that have put 10 thousand citizens in a difficult situation, "Zurab Chiaberashvili said.
For the parliamentary majority, "TBC" is no longer a matter of interest.
"Mr. Gvenetadze must find his independence in his independent mindset rather than in the interpretation of the regulations. I think that he should always come to the committee when it will be required. We are not expecting any testimony from him or any hints. He should clarify just what motivation his decisions had, "Roman Kakulia said.
Koba Gvenetadze will inform the MPs about the activities of the National Bank and he will talk about the bank"s decisions and retail lending regulations.

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