The volume of lending by commercial banks (including loans to non-residents) increased by 1.7 percent compared to the previous month and reached 5.6 billion GEL by June 1, 2010. The volume of loans provided in the national currency increased by 68.3 million GEL (5.0 percent), while the volume of loans in foreign currency increased by 23.0 million GEL (0.6 percent).

By the end of May 2010 commercial banks issued to resident legal entities 662.5 million GEL worth of national currency-denominated loans (4.1 percent or 25.9 million GEL more compared to previous month) and 2.6 billion GEL worth of loans in foreign currency (1.0 percent or 24.5 million GEL more, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade – 46.4 percent. Compared to the previous month the volume of loans provided for trade increased by 1.2 percent or 17.9 million GEL and exceeded 1.5 billion GEL.

Share of loans provided to the industrial sector constituted 23.7 percent of all loans to legal entities and amounted to 765.5 million GEL by June 1, 2010 (2.3 percent or 16.9 million GEL increase compared to the previous month). 11.0 percent fall on construction, amounting to 356.7 million GEL (3.6 percent or 12.6 million GEL increase, respectively). Thus, 81.0 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 1.9 percent or 38.2 million GEL, during the past month, and reached 2.1 billion GEL by June 1, 2010.

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