Public Defender Demands Reduction in Social ("Pension") Loan Interest Rates
Tbilisi. The study of the case revealed that JSC Liberty Bank does not take into account the different socio-economic situations of persons using social loans when determining the loan interest rates, which puts these individuals in an unjustifiably unfavorable position.
Taking into account the above and the principle of equality, the Public Defender called on the relevant agencies to take specific steps to reduce the amount of interest rates of the social loans.
Source: ombudsman.ge
