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Daily News: Economics
February 24, 2017


VOLUME OF BAD BORROWERS’ PROPERTY, APPEARED IN OWNERSHIP OF MICROFINANCIAL ORGANIZATIONS, INCREASED IN 2016 BY 51.2%

National Bank of Georgia reports that property of bad borrowers, appeared in ownership of microfinancial organizations, amounted as of December 31, 2016 to equivalent of 14.35 million lari. The volume has increased by 8.9% quarter-on-quarter and by 51.2% – year-on-year.

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