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More than 100 Clients to dedollarize Loans in Commercial Banks

2000 loan holder contacted banks due to Loans dedollarization program. According to the latest data more than 100 clients dedollarized their loans. The head of banks association, Zurab Gvasalia declared that 5 days deadline was today concerning the message clients were supposed to get from banks.

“If someone didn’t get the message and thinks he matches the standards and criteria to participate in the program, he should contact the bank”-said Gvasalia. 

“Of course, there is a difference compared to old percentages, but currency risk is so high and so uncomfortable since we have income in Gel, that this exchange compensates currency risk- says Gvasalia.