Banking
Posted: 4 years ago

Liberty Bank Offers its Customers 3-month Debt Relief Period

In order to prevent the spread of Coronavirus, to care for its customers and employees, and to reduce the flow of customers to the service centers, Liberty Bank has made another decision to offer all individuals with debt obligations a 3-month relief period. As of today, the offer automatically applies to government-funded recipients (retirement, social benefits, IDPs and demographics), and for the next 3 months, no social-benefit recipients will be deducted from loan service payments. 

Also, due to the circumstances in the country, Liberty takes into account the challenges of the tourism sector, micro, small and medium-sized businesses and offers users in this sector timely, flexible and tailored conditiona to their business needs. The bank will provide consumers with detailed information on benefits from Monday onwards.

'We made the decision on March 12, following the deliberation of an economic stimulus plan by the Prime Minister of Georgia, the National Bank and the banking sector aimed at minimizing the possible negative impact of the worldwide pandemic on the Georgian economy. Liberty serves the most alert segment of our country and we have a responsibility to do everything to create the safest possible environment for them. We urge our customers to use remote services and remind them that paying with social cards can benefit from customized, special discounts at evex clinics, pharmacy stores and Nikora supermarkets across the country. 

* Offer can be suspended from Liberty's ATMs if the customer wishes, without visiting the bank

** Customers with any questions should call the bank hotline: 032 255 55 00