National Bank Larization of loans Loans Foreign
Posted: Mon Jan 06, 2025 4:22 am
The NBG explains that this change is aimed at reducing the dollarization of bank loans. The National Bank also increased the limit for foreign currency loans in 2024, when it increased it from GEL 200,000 to GEL 400,000 for unhedged borrowers. The December 18 order increases the limit to GEL 500,000, and a Georgian citizen whose income is denominated in GEL cannot borrow money in foreign currency from banks if they need less than the equivalent of GEL 500,000.
currency loans Similar news Larization National Bank's decision will Brazil business fax list accelerate larization by 1.5 percentage points - Lasha Kavtaradze 14:40 - 19.10.2023 6479bf90369a8 Interest rates on foreign currency loans may increase by another 2-3% 09:20 - 03.06.2023 Money Customers will have the right to refuse an approved loan of up to one million GEL - details of the change 17:00 - 31.
05.2024 What regulations will come into effect for businesses in 2025? Regulations Anuka Jokhadze 01.01.25 10:19 • 3137 In 2025, businesses will face increased tax pressure and new regulations. Some of the regulations were adopted by the Georgian Dream parliament at the end of the year in an accelerated manner, while others are related to legislative changes made in previous years.
currency loans Similar news Larization National Bank's decision will Brazil business fax list accelerate larization by 1.5 percentage points - Lasha Kavtaradze 14:40 - 19.10.2023 6479bf90369a8 Interest rates on foreign currency loans may increase by another 2-3% 09:20 - 03.06.2023 Money Customers will have the right to refuse an approved loan of up to one million GEL - details of the change 17:00 - 31.
05.2024 What regulations will come into effect for businesses in 2025? Regulations Anuka Jokhadze 01.01.25 10:19 • 3137 In 2025, businesses will face increased tax pressure and new regulations. Some of the regulations were adopted by the Georgian Dream parliament at the end of the year in an accelerated manner, while others are related to legislative changes made in previous years.