Commercial banks will be supplied with 600 million GEL long-term resource
Commercial banks will be supplied with 600 million GEL long-term resource
17:01, 24.04.2020

The commercial banks will be supplied with 600 million GEL long-term financial resource – Prime Minister Giorgi Gakharia said.

According to Gakharia, the move will allow banks to have cheaper resource of access to GEL. PM noted that additional 500 million GEL would be allocated in support of business.

Also, companies, which have old credits, the government will cover 30% of guaranteeing part in the form of re-structuring.





Economics
Banks
resource
563