The volume of lending by commercial banks (including loans to non-residents; excluding Credo Bank) in October 2017 increased by 772.2 million GEL or by 3.9 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 1.3 percent) and constituted 20.6 billion GEL by November 1, 2017. The volume of loans in the national currency increased by 156.1 million GEL (1.9 percent) and the volume of loans in foreign currencies increased by 615.6 million GEL or by 5.4 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator increased by 0.9 percent).

By the end of October 2017, commercial banks issued 2.4 billion GEL worth of national currency-denominated loans (1.3 percent less compared to the previous month), and 6.5 billion GEL worth of foreign currency denominated loans (5.0 percent more)  to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 0.6 percent).

During October 2017 the volume of lending to resident individuals increased by 3.9 percent or 400.1 million GEL, and constituted 10.8 billion GEL by November 1, 2017.

Larization ratio for total loans constituted 41.59 percent by November 1, 2017. Compared to October 1, 2017 exchange rate effect excluded larization ratio increased by 0.23 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