Daily News: Economics
March 24, 2017
NBG: 25% OF ELIGIBLE CREDITS CONVERTED WITHIN LARIZATION PROGRAM
National Bank of Georgia (NBG) reported that 5,617 banking credits, issued in foreign currency, were converted in loans in national currency within one-time program of larization, making up $78.66 million in total. Thus, the program resulted in conversion of 25% of total eligible credits, NBG said.
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