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Economic Press Monitor: Finances & Banking
September 27, 2016


REZONANSI: “YIELD ON DEPOSITS DECLINES, LARIZATION PLAN DOES NOT WORK”

Commercial banks are decreasing yield on deposits, the newspaper says. As the article points, ProCredit Bank reduced the rate from 9% to 7%, Liberty bank – from 14% to 11%, while Sakartvelos Banki plans to reduce yield on deposits from October.

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