NEWS

Currency exchange booths, other financial organisations temporarily close in Georgia

The NBG says that even under the restrictions, the citizens of Georgia are able to receive financial services continuously. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 31 Mar 2020 - 15:00, Tbilisi,Georgia

Starting today currency exchange booths and other financial organisations have temporarily stopped functioning today in Georgia with an aim towards reducing the spread of the coronavirus in the country, announces the National Bank of Georgia (NBG).

Gov’t announces nationwide curfew

In addition to exchange booths, the following kinds of organisations will also close:

Loan-issuing organisations
Credit unions
Payment service providers
Independent registers of the securities
Brokerage companies
Asset management companies
Stock exchanges
Founders of non-state pension schemes
Credit information bureaus

The NBG recommends all these organisations work remotely.

Meanwhile, the following organisations will remain open for now in addition to offering online services:

Commercial banks
Payment system operators
Micro-financing organisations
Payment service providers and agents providing payment services through ATMs and POS terminals

The NBG says that even under these restrictions, the citizens of Georgia are able to receive financial services continuously.

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