Current Condition of Commercial Banks’ Loan Portfolio
The volume of lending by commercial banks (including loans to non-residents) in June 2017 increased by 211.9 million GEL or by 1.1 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 1.6 percent) and constituted 18.9 billion GEL by July 1, 2017. The volume of loans in the national currency increased by 255.5 million GEL (3.4 percent) and the volume of loans in foreign currencies decreased by 43.5 million GEL or by 0.03 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator increased by 0.44 percent).
By the end of June 2017, commercial banks issued 2.2 billion GEL worth of national currency-denominated loans (2.5 percent more compared to the previous month), and 6.1 billion GEL worth of foreign currency denominated loans (0.4 percent less) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 0.5 percent).
During June 2017 the volume of lending to resident individuals increased by 1.9 percent or 184.6 million GEL, and constituted 9.7 billion GEL by July 1, 2017.
Larization ratio for total loans constituted 41.01 percent by July 1, 2017. Compared to June 1, 2017 exchange rate effect excluded larization ratio increased by 0.70 percentage point.
statistical information is published on the NBG's website: