In Georgia, individuals whose income is denominated in the national currency (GEL) will face tighter restrictions on borrowing in foreign currency. The decision was adopted by the Financial Stability Committee of the National Bank of Georgia.
Currently, the minimum threshold for foreign currency lending to unhedged borrowers stands at GEL 750,000. However, starting July 1, 2026, the threshold will increase to GEL 1 million.
According to the National Bank of Georgia, the measure aims to reduce borrowers’ exposure to foreign exchange risks and further limit financial dollarization risks within the economy.
The central bank has gradually raised the minimum threshold for foreign currency loans in recent years – from GEL 200,000 to GEL 400,000 in 2024, and then to GEL 750,000 from August 2025.
The National Bank noted that Georgia’s financial system remains resilient and continues to support economic lending despite global economic uncertainty and the impact of ongoing conflict in the Middle East.
In addition, the central bank reduced the temporarily increased reserve requirement on foreign currency liabilities by 5 percentage points.
