Bank restructuring? Lessons for Georgia
bank restructuring ? Lessons for Georgia
restructuring
: concept, purpose and competition. Termini restructuring is of Latin origin and change, improving the means of the structure of an object or system, ie its shape and texture (morphology). This means in fact the same character mode of operation. The use of extensive economic restructuring plan in the texts mainly with debt, including foreign payments and taxes (trade) balance, the business sector of the economy and separate enterprises, the banking system completely separate banks (other banks).
define “restructuring” in the legislation as follows: the restructuring of the credit organization is a complex of measures to eliminate fluctuations in the financial organization and capacity to pay or recovery-oriented the realization of the liquidity of the organization. This definition does not need to say opinion on the cause of the discussion, first, here they are all individual banks and the banking system itself, and secondly, it is highly technical and mixtures of nature and competition, the restructuring process with the activities that are (or should) be done in this process.
