Loans larization program has been
started since today
BasisBank welcomes the initiative
of Government and has launched larization process. In this regard we started
active bilateral works with National Bank of Georgia.
Larization of loans shall be carried
out according the official exchange rate set for the day of larization minus 20
tetri. E.g. if official exchange rate to USD is GEL 2.7 the larization of loan
carries out with rate 2.5. The difference between the rates will be financed by
the state budget.
Larization is applicable only to
natural persons, citizens of Georgia with annual income not exceeding GEL 100
000 (including individual entrepreneurs) and having current loans in USD,
completely or partially secured with real estate, and which were issued before
January 01, 2015. Funding of such loans will be carried out within USD 40