The National Bank of Georgia has revoked the registration of JSC Microfinance Organisation GIC and placed the company into liquidation under an order signed by the central bank’s vice-president. The notice also sets out the process for creditors to submit claims so the company’s obligations can be verified during the liquidation. Individual creditors must submit an identity document and evidence of their claim against GIC. Legal entity creditors must submit a business registry extract, proof of the authorised representative, and evidence of the claim. The documents must be filed with the liquidator within 30 calendar days of the notice’s official publication. Claims not submitted within that period will not be accepted.
National Bank of Georgia2026-06-05
National Bank of Georgia revokes GIC microfinance registration and gives creditors 30 days to file claims
The National Bank of Georgia has revoked the registration of JSC Microfinance Organisation GIC and placed the firm into liquidation. The notice outlines documentation requirements and a 30-day filing period for individual and legal entity creditors to submit claims to the liquidator, after which late claims will not be accepted.