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civil.ge/en - 2 years ago

NBG Eases Liquidity Requirements for Deposits of Russian Citizens

The National Bank of Georgia has eased requirements for Russian citizens, lowering the share of their deposits in foreign currency that cannot be immediately withdrawn from 80% to 40%. Prior to this decision by the NBG’s Financial Stability Committee Georgian banks were obliged to place at least 80 percent of Russian deposits exclusively in liquid


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