The creation of Imedi Bank is absurd. Even if the National Bank wanted to, it would not be able to do so, because this “bank” would not pass the compliance criteria - this is a requirement of the law, - opposition politician, former President of the National Bank, Roman Gotsiridze, writes on social networks.

According to him, “If someone creates a special micro-bank and serves Imedi, this will be the direct participation of the National Bank in circumventing sanctions, which will put the country's financial system under a huge blow.”

“The law prohibits anything from being called a bank, except for a financial institution established by the National Bank. The creation of Imedi Bank is absurd. Even if the National Bank wanted to, it would not be able to do so, because this “bank” would not pass the compliance criteria. This is a requirement of the law.

If someone creates a special micro-bank (there is such a possibility in the law) and serves Imedi, this will be the direct participation of the National Bank in circumventing sanctions, which will put the country's financial system under a huge blow," writes Roman Gotsiridze.

For information, the TV company Imedi, which has been sanctioned by the UK together with the TV company POSTV, is creating its own bank.

As stated in the statement released by the TV company, the new founders of the Imedi holding, with the financial support of the TV company's loyal friends and sponsors, will create their own bank in the shortest possible time, in just a few months, under the name Imedi Bank.