Daily News: Economics
September 20, 2019
SINCE JULY 2020, INSURED PART OF RETAIL DEPOSITS TO GROW IN VOLUME 3 TIMES
Fiscal Committee of Georgian Parliament declared that since July 1, 2020, insured part of natural persons’ deposits will increase 3 times, up to 15,000 lari. The system of deposit insurance is enacted in Georgia since January 1, 2018, envisaging insurance of retail deposits’ part, making up currently 5,000 lari.
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