interest rate

Georgian National Bank raises interest rates to deal with falling lari

By | May 7th, 2015|Categories: News|Tags: , , , |

(Interpressnews.) TBILISI, DFWatch–For the second time this year, the National Bank has increased the refinancing rate by half a percentage point. The rate now stands at 5 percent. About 8,000 people will have higher interest rate on their loans because of the change. Economic […]

Interest rates will drop, says Bank Association

By | November 2nd, 2012|Categories: Economy, News|Tags: |

TBILISI, DFWatch — The president of the Georgian Bank Association says the interest rate on loans will go down. Zurab Gvasalia said there is already a trend of falling interest rates on loans, but he thinks it is impossible to decrease the rates immediately. In […]