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Commercial Banks to Receive Necessary GEL Resources Directly from National Bank

The head of treasury of “Terabank” , Rezo Makalatia declared that government’s decision to give GEL resources to commercial banks is necessary, because the customers who were sensitive about the rate of exchange will cease to be so.

“According to the information I have, government and national bank will implement necessary actions to give the resources which makes GEL crediting and give it to clients. Therefore, there should not be a GEL resource problem “-declared Makalatia.

“20% subsidy will be part, which will compensate USD and GEL rate. I think the rate of percentage will not increase in GEL, because National Bank will give enough recourse to the banks. It will locate USD resource on the account which will provide giving loans to commercial banks in GEL”-  explained Makalatia.