Banking
Posted: 1 week ago

Loans for the Unemployed will be Rescheduled for Another 3 Months

Loans will be postponed for another three months to anyone who is included the state anti-crisis plan, Georgian Prime Minister Giorgi Gakharia said at the beginning of the government session.

"Yesterday we had a meeting with the banking sector. As you know, the loan interest rate was deferred for three months, and yesterday it was decided that all citizens who have lost their jobs and the state will help with their social, anti-crisis plan, the next three months will automatically be deferred to loan service.

Anyone who has reduced their income and has credit while applying to the bank of their own free will will also be deferred to pay their interest tax for three months. All this will happen without capitalization of interest, ”said Giorgi Gakharia.