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Daily News: Economics
June 13, 2018


“SOCIETY AND BANKS”: IN SHORT-TERM PERIOD, DECLINE OF TENDENCY OF LOAN PORTFOLIO GROWTH IS EXPECTED

Non-governmental organization Society and Banks considers that decline of tendency of banking loan portfolio’s growth is expected in short-term period, being connected with recently adopted regulation (restriction of crediting of clients with unconfirmed income).

While commenting on today’s decision of National Bank of Georgia (maintenance of refinancing rate at the level of 7.2% and lowering of minimum reserve requirements on funds, attracted in national currency, from 7% to 5%), the organization says that it will enhance availability of lari resource.

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