Current Condition of Commercial Banks Loan Portfolio
The volume of lending by commercial banks (including loans to non-residents) in April 2018 increased by 478.0 million GEL or by 2.2 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 1.1 percent) and constituted 22.7 billion GEL by May 1, 2018. The volume of loans in the national currency increased by 207.8 million GEL (2.1 percent) and the volume of loans in foreign currencies increased by 270.2 million GEL or by 2.2 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator increased by 0.2 percent).
By the end of April 2018, commercial banks issued 2.6 billion GEL worth of national currency-denominated loans (1.5 percent more compared to the previous month), and 7.1 billion GEL worth of foreign currency denominated loans (1.7 percent more) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency decreased by 0.2 percent).
During April 2018, the volume of lending to resident individuals increased by 2.5 percent or 297.0 million GEL, and exceeded 12.1 billion GEL by May 1, 2018.
Larization ratio for total loans constituted 44.73 percent by May 1, 2018 and decreased by 0.03 percentage point (exchange rate effect excluded increased by 0.45 percentage point), compared to April 1, 2018.
statistical information is published on the NBG's website: