The volume of lending by commercial banks (including loans to non-residents) increased by 1.2 percent compared to the previous month and exceeded 5.9 billion GEL by September 1, 2010. The volume of loans provided in the national currency increased by 41.8 million GEL (2.7 percent), while the volume of loans in foreign currency increased by 27.5 million GEL (0.6 percent). 

By the end of August 2010 commercial banks issued to resident legal entities 681.4 million GEL worth of national currency-denominated loans (2.3 percent or 15.5 million GEL more compared to previous month) and 2.7 billion GEL worth of loans in foreign currency (0.1 percent or 2.8 million GEL more, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade – 48.6 percent. Compared to the previous month the volume of loans provided for trade increased by 1.0 percent or 16.5 million GEL and exceeded 1.6 billion GEL.

Share of loans provided to the industrial sector constituted 21.2 percent of all loans to legal entities and amounted to 710.8 million GEL by September 1, 2010 (0.5 percent or 3.8 million GEL increased compared to the previous month). 11.1 percent fall on construction, amounting to 372.2 million GEL (0.8 percent or 2.9 million GEL increased, respectively). Thus, 80.9 percent of the total volume of lending to the legal entities falls only on three sectors – industry, construction and trade.

The volume of lending to resident individuals increased by 1.2 percent or 25.8 million GEL, during the past month, and exceeded 2.2 billion GEL by September 1, 2010.

Current statistical information is published on the statistics page of the NBG’s website.