SebStat represents unified Informational System of the National Bank of Georgia, with the aim of statistical data collection, quality control and processing automation. It changes statistical business process dramatically at the NBG. This means that traditional statistical questionnaires are replaced with peer Data Families, in which appropriate indicators are defined through unique keys. Hence, NBG’s statistical requirements towards commercial banks are represented as a list of keys identifying required data, instead of Excel based questionnaires existed before. This way of collection, validation and processing of data reduces reporting burden and improves statistical data quality significantly.
SebStat is supported with adequate methodological and practical tools (SebStat Manual, Guide for Commercial Banks, etc.), which make easier statistical data compilation and submission processes at the commercial banks.