Economic Press Monitor: Finances & Banking
September 22, 2011
BANKEBI DA FINANSEBI: ““HSBC” BANK’S DECISION TO QUIT GEORGIAN MARKET WAS THE MATTER OF COMPETITION”
Zurab Gvasalia, head of Georgian Banks Association, considers that HSBC’s decision on leaving Georgian market is clearly connected with the competition. HSBC was oriented on the corporate service, funding mainly trade operations.
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