Alex Matua
Alex Matua is the general director of ProCredit Bank, where he has been involved in the banking sector's response to the real estate market's challenges. He confirmed that their bank has halted financing for new construction projects amidst an oversupply crisis, reflecting the broader issues affecting the development sector.
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Georgia:
Alex Matua confirmed that the construction business has been submitting proposals but all new project financing has been halted.
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