Current Condition of Commercial Banks’ Loan Portfolio
The volume of lending by commercial banks (including loans to non-residents; excluding data for "Credo Bank") in May 2017 increased by 172.3 million GEL or by 0.9 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 1.3 percent) and constituted 18.7 billion GEL by June 1, 2017. The volume of loans in the national currency increased by 157.3 million GEL (2.1 percent) and the volume of loans in foreign currencies increased by 15.0 million GEL or by 0.1 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator increased by 0.7 percent).
By the end of May 2017, commercial banks issued 2.2 billion GEL worth of national currency-denominated loans (0.9 percent more compared to the previous month), and 6.1 billion GEL worth of foreign currency denominated loans (0.2 percent more) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 0.8 percent).
During May 2017 the volume of lending to resident individuals increased by 1.4 percent or 127.6 million GEL, and constituted 9.6 billion GEL by June 1, 2017.
Larization ratio for total loans constituted 40.10 percent by June 1, 2017. Compared to May 1, 2017 exchange rate effect excluded larization ratio increased by 0.34 percentage point.
statistical information is published on the NBG's website: