↑ Scroll to top

Banks to gain Access to more Personal Data

Published: July 18, 2013 | 8:09 am
Text size: -A +A

Commercial banks could be given access to information on people’s incomes, the head of Credit-Info Georgia has stated. According to him, commercial banks and microfinance groups are interested in expanding their information databases, and are currently in talks with government officials on this issue.
The chairman of the Banks Association Zurab Gvasalia has stated that having access to information about people’s incomes is very important for commercial banks to assess their risks. This information will only be obtained by the banks with the customers’ consent, Mr. Gvasalia has added.

VN:F [1.9.10_1130]
Rating: 0 (from 0 votes)
Share on Facebook Share on Twitter
More posts in category: Featured,Local Business News
  • Georgia will be Represented at Russian Agricultural Exposition
  • Nino Burjanadze on the Audit Service
  • Amendments Made to Labor Code according to Businessmen’s Recommendations
  • Problem Solution within the Construction Sector