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 April 2017 increased by 106.2 million GEL or by 0.6 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 0.7 percent) and constituted 18.5 billion GEL by May 1, 2017. The volume of loans in the national currency increased by 143.8 million GEL (2.0 percent) and the volume of loans in foreign currencies decreased by 37.6 million GEL or by 0.3 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned dedicator decreased by 0.2 percent).
By the end of April 2017, commercial banks issued 2.2 billion GEL worth of national currency-denominated loans (2.1 percent more compared to the previous month), and 6.1 billion GEL worth of foreign currency denominated loans (1.1 percent less) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency decreased by 0.9 percent).
During April 2017 the volume of lending to resident individuals increased by 1.4 percent or 129.2 million GEL, and exceeded 9.4 billion GEL by May 1, 2017.
Larization ratio for total loans constituted 39.62 percent by May 1, 2017. Compared to April 1, 2017 exchange rate effect excluded larization ratio increased by 0.52 percentage point.
statistical information is published on the NBG's website: