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Georgia Banks by Joan Madu is a document available to read on EtoBox.

What is Georgia Banks about?

The document discusses the impact of the COVID-19 pandemic on the banking sector in Georgia. It describes how banks initially offered grace periods on loan payments to help borrowers but then had to increase interest rates and tighten lending standards due to higher risks of default. While deposits remained stable, banks saw increases in non-performing loans. The document analyzes changes in interest rates and loan volumes over time. It concludes that banks managed to survive the difficult period but should

Author

Joan Madu

Language

EN