The volume of lending by commercial banks (including loans to non-residents) increased by 1.1 percent compared to the previous month and exceeded 5.8 billion GEL by August 1, 2010. The volume of loans provided in the national currency increased by 14.5 million GEL (1.0 percent), while the volume of loans in foreign currency increased by 47.5 million GEL (1.1 percent). 

By the end of July 2010 commercial banks issued to resident legal entities 665.9 million GEL worth of national currency-denominated loans (4.7 percent or 33.1 million GEL more compared to previous month) and 2.7 billion GEL worth of loans in foreign currency (1.9 percent or 49.0 million GEL more, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade – 48.3 percent. Compared to the previous month the volume of loans provided for trade increased by 1.7 percent or 26.4 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 707.0 million GEL by August 1, 2010 (3.4 percent or 25.1 million GEL decreased compared to the previous month). 11.1 percent fall on construction, amounting to 369.3 million GEL (2.2 percent or 7.9 million GEL increase, respectively). Thus, 80.6 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 1.7 percent or 36.2 million GEL, during the past month, and exceeded 2.2 billion GEL by August 1, 2010.

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