Operations of Banks in the Securities Market in Georgia: Problems and Challenges.

If we examine the example of economically developed countries in the world, we can identify two mechanisms for raising capital: bank loans and the stock market. The harmonious relationship between these two mechanisms contributes to the health and development of the country's economy. One of the mechanisms for raising money, the bank loan, holds absolute dominance in the Georgian reality,  hindering the development of the second mechanism, the stock market. As a result, various business entities lack the opportunity to access long-term financial resources and are compelled to pay the high fixed loan rates of commercial banks.