
The General Director of TBC Bank, Vakhtang Butskhrikidze, once again emphasized that not only Georgia, but also the entire world is facing inflationary challenges.
According to Vakhtang Butskhrikidze, the positive thing that can be said is that the inflation rate has fallen by 13% and the trend is towards reduction.
"According to TBC's expectations, the inflation rate should drop below 10% by the end of the year, which is a big challenge for the country and this is what is causing the upward trend of the refinancing rate over the last 12-18 months. It is logical that as soon as the inflation starts to decrease, the refinancing rate will also reduce. Of course, this will indirectly affect the interest rate in GEL, which will decrease," - Vakhtang Butskhrikidze said.
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