The president of the National Bank states that the discussion in the parliamentary format of the decision of the regulator will be harmful for the banking sector.
President of the National Bank Koba Gvenetadze considers that revision of the National Bank"s decision regarding TBC Bank and bringing it into question is an assault on the independence of the regulator.

As Gvenetadze stated at the sitting of the Committee of Sector Economy and Economic Policy in Parliament on Tuesday, this is an “attempt to influence the regulator.”

“Together with "TBC Bank we have made a joint statement, which clearly said that there are not disputes between the National Bank and TBC Bank. After the decision was published, I took a risk that could damage my reputation as I care for the bank and the financial sector. Therefore, until the joint statement of TBC Bank and National Bank was made, we did not provide any further information on this issue. Later, we gave additional clear and detailed information, which made our decision clear. I think that in such a situation, revision of the regulator"s decision and bringing it into question is an assault on the independence of the regulator. This is an attempt to influence the regulator. I do not remember such a precedent in international practice when the regulator"s decision is the subject of such a dispute, "said Gvenetadze.