The National Bank of Georgia is Warning the Customers

The National Bank of Georgia is Warning the Customers

05 April, 2016

„Recently, advertisements from different legal persons aiming at attracting funds in form of loans and promissory notes in exchange for high interest, have become quite common.

Each person has the right to make own decisions regarding the management of personal finances. However, for the purpose of avoiding the risk of losing invested money in the future, we advise everyone to make reasonable and informed decisions. Prior to investing money, it is vital to consider that high interest, all else equal, also contains high levels of risk.

We suggest that citizens, when giving their own funds to other persons, act with caution and check all relevant information, including, whether or not any given legal person is subject to state regulation, and only after studying and understanding all possible risks, make final decision."