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JSC Capital Bank Stripped Of Banking License

According to decree by vice president of National Bank of Georgia (NBG), JSC Capital Bank was stripped of banking license. As a result, the Bank has moved to liquidation regime.

Auditing process at JSC Capital Bank detected that the bank had ignored requirements for prevention of legalizing illegal revenues, as determined by Georgian legislation, as well as various facts of violation of NBG resolutions, regulations and instructions, international banking norms and so on.

According to NBG evaluations, in the liquidation process, demands of creditors and depositors will be fully satisfied.

Statement by Liquidators of Bank:

To timely pay all liabilities of JSC Capital Bank, we address to creditors to submit the following documents to the bank liquidator:

For physical bodies:

  • personal identification document
  • Document proving your claims to the bank

For Legal Entities:

  • Extract from Public Registry about registration of Legal Entity
  • Document proving your claims to the bank

If you prefer to receive funds in cashless payment form, you should submit bank account and details in addition.