The NBG explains that this change is aimed

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Lari Victoria Mghebrishvili 01.01.25 11:05 • 24464 The National Bank of Georgia has restricted those with income in the national currency to take out foreign currency loans of up to 500,000 GEL - the relevant decision was made by the Financial Stability Committee of the National Bank on November 27 , and an order of the Acting President of the NBG was issued on December 18.


at reducing the dollarization of bank loans. The National Bank also list of germany fax number increased the limit for foreign currency loans in 2024, when it increased it from GEL 200,000 to GEL 400,000 for unhedged borrowers. The December 18 order increases the limit to GEL 500,000, and a Georgian citizen whose income is denominated in GEL cannot borrow money in foreign currency from banks if they need less than the equivalent of GEL 500,000.


National Bank Larization of loans Loans Foreign currency loans Similar news Natia Turnava Important events in the Georgian economy last week 13:48 - 22.10.2023 20 lari bills Will the maturity of consumer loans be reduced again? - Response of the Banking Association and the National Bank of Georgia 16:54 - 21.06.2024 David Keshelava It is impossible to reduce dollarization to the desired level through administrative measures alone - Davit Keshelava 23:00 - 11.