Currently, 75 million USD has been turned into GEL, Koba Gvenetadze, President for National Bank connected with Georgia (NBG), noted.
“Moreover, we certainly have also specified your list of loans that will be subject to larization. About 23% with loans were became GEL. As to Larization process, in general, this is not any short-term project. This is a long-term challenge and this process introduced 10-15 years in some countries”, Koba Gvenetadze said.
We remind you that loan larization one-time program has ended.