ALERT 95-18
Type:  Unauthorized Banking               Subject:  Georgian Imex International Bank

TO:  Chief Executive Officers of all National Banks; all State Banking 
     Authorities; Chairman, Board of Governors of the Federal Reserve System; 
     Chairman, Federal Deposit Insurance Corporation; Conference of State Bank 
     Supervisors; Deputy Comptrollers (Districts); District Administrators; 
     District Counsel and Examining Personnel.


Re:  Georgian Imex International Bank
     1314 Burch Drive
     Evansville, IN  47711
     
     Information has been received that the subject entity may be operating a
     banking business in the United States without authorization.  Further, the
     Indiana Department of Financial Institutions has advised that the subject 
     entity has not been granted permission to operate in Indiana.  Any 
     information which you may have concerning this matter should be brought to 
     the attention of:
     
                    Office of the Comptroller of the Currency
                    Enforcement & Compliance Division
                    250 E Street, S.W.
                    Washington, D.C.  202l9
                    Fax (202) 874-5301



                                      
     Daniel P. Stipano
     Director
     Enforcement & Compliance Division
     Date: May 24, 1995