main refinancing rate

Georgia’s National Bank adjusts refinancing rate up to 6%

By | August 14th, 2015|Categories: Economy|Tags: , |

(National Bank.) TBILISI, DFWatch–The National Bank of Georgia further increased the refinancing rate to 6.0 percent on Wednesday. The Bank’s president, Giorgi Kadagidze, said at a briefing that increasing the refinancing rate by half a percent is a response to an increased […]

Georgia’s National Bank raises refinancing rate to 5.5%

By | July 2nd, 2015|Categories: News|Tags: , , |

(National Bank.) TBILISI, DFWatch–The National Bank of Georgia is increasing the refinancing rate because of an expected increase in inflation, which means that loans for a certain category of clients will get more expensive. The explanation given for the National […]

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 […]

Georgia’s National Bank lowers interest rate

By | April 26th, 2012|Categories: In brief, News|Tags: |

TBILISI, DFWatch – The National Bank of Georgia Wednesday decided to lower the main refinancing rate by a quarter point to 6.25%. Lowering the rate now is an indication that the bank has an optimistic view of the country’s economy. In a statement, the bank notes that the […]