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Fitch's experts have examined the banking sector of Georgia

2011-07-21 18:21

Fitch's experts have examined the banking sector of Georgia. 19902.jpegAccording to experts of rating agency Fitch, Georgian banks have successfully overcome the global economic crisis, but now their main problem is the low competition.

As the "Business-Georgia" reported, today the problem is a pricipal challenge for the banking sector of Sakartvelo. These are the results of a recent study conducted by analysts of the agency. They have briefed representatives of Georgian banks about results of the work. It's necessary to increase competition in the banking market, Fitch's experts said.

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