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Borrowers Debts Exceed 3 Billion GEL at Vali.ge Database

The written-off debts base includes more than 407 thousand borrowers at the moment.

According to the Ministry of Finance, Vali.ge has uploaded information about the 679 thousand written-off loan records on the website. The total volume of the debt is more than 3 billion GEL.

For verification of your own data on the website, you need to go three simple steps:

·         Enter the personal number of the borrower;

·         Birthday / month / year;

·         Fill the special box “I’m not a robot” for security reasons.

After passing these stages, if the borrower finds his / her data, it means that his/ her debt will be annulated from December 15 to December 31.

At this stage, loans/credits purchased from the following financial organizations are uploaded on the website:

·         JSC “Bank of Georgia”

·         JSC “TBC Bank”

·         JSC “Liberty Bank”

·         JSC “Silk Road Bank”

·         JSC “Halyk Bank Georgia”

·         JSC “Ishbank Georgia”

In parallel mode, processing of information provided by other financial organizations is underway and in the nearest future, their data will be added to the base.