Banks with system do not have problems related to the capital, despite the National Bank of Georgia strengthens the demand, – top-managers explain it with the penetration of the international capital market. However, issuance of dividends proves excess of the capital.
Capital adequacy coefficient increases to the banks after 100% liquidity overlap and additional security buffers (concentration, counterculture, conservation, competition …) are created.
From January 1, the tightening of prudent norms is linked to the theoretical assumptions of bankruptcy, hypothetically, to protect the payers’ funds.
The first wave includes 3 banks – TBC Bank, Bank of Georgia and Liberty Bank, + 2.5%; + 2.5%: + 1.5%. System bank buffer should be completed within 4-year period.
The first phase completes at the end of 2018. Addition of 1% is required for TBC Bank and Bank of Georgia, 0.6% – Liberty Bank, which is based on social liabilities for the system.
By this time, banks will require a 10.5 percent coefficient of capital adequacy. Several coefficients are operating in parallel – Basel I, II. III. Basel II, I will be improved and remained from January 1.