05.May .2020 17:21

"The so-called contactless economy is settling in the world", said Director of Retail Business of TBC Bank

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“In my opinion, on the background of distancing, when people's behavior is changed radically, it can be said that the so-called contactless economy is settling all over the world and it is new”, Tornike Gogichaishvili, Director of Retail Business of TBC Bank, told TV-program Business Morning.

"On the background of social distancing, it has become impossible to receive various services. If until now physical channels were dominant, today behavior of the population is changing radically and there is much more demand for digital and remote services. It can even be said that the so-called contactless economy is settling all over the world, which is new. There were comparisons and parallels with 2008, when the financial crisis was in a completely different context. We do not have a similar situation today, so it is important to have positive messages”, Tornike Gogichaishvili said.