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NBG: From July 1, there are changes in the rules for protecting the rights of consumers in the financial sector

by mariam.mtivlishvili
June 3, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
Loans in GEL become cheaper

National Bank of Georgia stated that from July 1, there are changes in the rules for protecting the rights of consumers in the financial sector. The user will have the right to refuse remotely concluded contracts, as well as loans/credits issued up to one million GEL within 14 days of their signing.

It is the obligation of the financial organization to orally inform the customer of the important terms of the contract before providing the financial product.

Tags: changesfinancial sectorrights of consumers
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