Daily News: Economics
May 17, 2019
IN Q1, BANKS WROTE OFF CREDITS OF 71.8M LARI
National Bank of Georgia (NBG) reported that in the 1st quarter, Georgian banks wrote off credits, totaling to 71.8 million lari. Property, pledged by bad borrowers and appearing in property of the banks, totaled in the end of March to 162 million lari.
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