Current Condition of Commercial Banks' Loan Portfolio

Current Condition of Commercial Banks' Loan Portfolio

25 December, 2017
The volume of lending by commercial banks (including loans to non-residents; excluding Credo Bank) in November 2017 increased by 1.0 billion GEL or by 5.0 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 2.0 percent) and constituted 21.6 billion GEL by December 1, 2017. The volume of loans in the national currency increased by 235.5 million GEL (2.8 percent) and the volume of loans in foreign currencies increased by 798.7 million GEL or by 6.6 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator increased by 1.4 percent).

By the end of November 2017, commercial banks issued 2.5 billion GEL worth of national currency-denominated loans (3.5 percent more compared to the previous month), and 7.0 billion GEL worth of foreign currency denominated loans (7.1 percent more)  to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 1.9 percent).

During November 2017 the volume of lending to resident individuals increased by 3.8 percent or 412.9 million GEL, and constituted 11.2 billion GEL by December 1, 2017.

Larization ratio for total loans constituted 40.69 percent by December 1, 2017. Compared to November 1, 2017 exchange rate effect excluded larization ratio increased by 0.32 percentage point.

 

 

Current statistical information is published on the NBG's website:
https://www.nbg.gov.ge/index.php?m=304

https://www.nbg.gov.ge/uploads/loansinglisurad/loans_to_the_economy_l3.5eng.xls
https://www.nbg.gov.ge/uploads/loansinglisurad/loans_structure_l3.10.1eng.xls