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Out of 27000 Potential Loan Holders, Only 5092 people Converted Loans Into Lari

According to the executive director of Banks Association, Gogita Tsutskiridze, Only 5092 people benefited by Program out of 27000 Potential loan holders.

Tsutskiridze declared that 71 million USD have been dedollarized which is 18% of what has been predicted.

“In the beginning, there was not so much activity. It has been mentioned that the program would probably collapse, which wasn’t true. People realized that creating and stimulating demand for GEL is a very important and positive trend” – declared Tsutskiridze.

Tsutsikiridze made positive remarks about the program considering the work banks implemented in sense of providing clients with the detailed information about the program.