The NBG explains that this change

[likhon450@]

Lari Victoria Mghebrishvili 01.01.25 11:05 • 24345 The National Bank of Georgia has restricted those with income in the national currency to take out foreign currency loans of up to 500,000 GEL - the relevant decision was made by the Financial Stability Committee of the National Bank on November 27 , and an order of the Acting President of the NBG was issued on December 18.


is aimed at reducing the dollarization of bank loans. The National uk fax data 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.


National Bank Larization of loans Loans Foreign currency loans Similar news Bank How many retail loans have Georgian banks issued and what is their total volume? 00:30 - 28.12.2023 640f10bf7aa35 Microbanks will appear on the market from 2024 - what distinguishes them from banks and MISOs? 17:00 - 13.03.2023 642181ff340fa Georgian banking sector assets reach 67.8 billion GEL 23:45 - 27.