Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/337344 
Year of Publication: 
2009
Series/Report no.: 
Statistische Diskussionsbeiträge No. 36
Publisher: 
Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät, Potsdam
Abstract: 
The authors' outline of the evolution of the banking sector development assesses governmental approaches to bank regulation and supervision and is a basic regulatory frame-work, needed to reduce bank failures; it characterises steps of the evolution of the banking sector and trends of its development. The discussion focuses on: 1. Initial forming and restructuring of the banks, changes in the commercial banking sector and the reorganising of the banking systems; 2. Change of the role of the national bank and the mode of its intervention; 3. Dynamics of the banking system development in Georgia and the risks of banking activities. The main findings suggest that 1. The Georgian banks overcame the crisis of the 90's because of having portfolios of assets in foreign currencies and performing of the national banks function in the “lender of last resort”; 2. Regulatory and supervisory practices in Georgia develop from strict regulations to a deregulation that is most effective in promoting good performance and stability in the banking sector; 3. Alongside with the increase of banking concentration and openness the banking competition and financial risks boost too; that could be managed by further development of institutional reforms in the banking sector. There is an assess of the development and weakness of the banking sector.
Subjects: 
banking sector
banking supervision
financial risks
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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