Bank Of Baku

Georgian gov’t develops ‘larization plan’

Georgian gov’t develops ‘larization plan’
# 29 November 2016 14:25 (UTC +04:00)

Baku – APA. The Georgian government has developed a ‘larization plan’ together with the National Bank, Georgia Online cited Prime Minster Giorgi Kvirikashvili as saying on Tuesday.

 

The PM noted that loans, given to citizens in US dollars before 1 January 2015, will be converted to lari in line with the current exchange rate.

 

According to him, the commission fee for prepayment will also be annulled for such loans.  

 

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