“Management of Non-Performing Loans in Georgia – Analysis and Recommendations”
Tbilisi. On Friday, January 24th,
12:00, at Radisson Blu Iveria hotel, Economic Policy Research Center (EPRC)
presented its new report: Management of Non-Performing Loans in Georgia –
Analysis and Recommendations. The project is being implemented with the support
of the East West Management Institute (EWMI) program Policy, Advocacy and Civil
Society Development in Georgia (G-PAC), funded through US Agency for International
Development (USAID).
The goal of the
study was to analyze Georgia’s socio-economic situation in terms of
Non-Performing Loans (NPL) issued by the banks and other financial and
non-financial institutions, to compile international best-practices and experiences,
and determine what would be the most applicable model/solution for Georgia. As
a conclusion, we proposed a number of recommendations for shaping the state
policy and private sector strategies to mitigate the problem of non-performing
loans.
Source:
eprc.ge
