01 October 2024,   15:33
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Impaired gel - 23% increase in t problem loans

Devaluation of the national currency continues. This process is particularly creating problems for citizens who have loans in dollars.

According to official statistics, a total of half a million people in Georgia have bank loans in dollars . It is also known that there is increase in problem loans, that is the number of credits, which the borrowers can no longer afford to cover . Compared with the previous period, this figure increased by 23%.

Experts suggest that in case the devaluation of the national currency continues to devaluate the number of problem loans will increase.

In parallel with depreciation the prices of products have also increased .

Some experts together with newspaper Resonance have counted that if a depreciation trend continues, the increase in interest rates on the repayment of loans only, could reach 900 million while, as the same experts say that number last year was 500 million.

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