The volume of lending by commercial banks (including loans to non-residents) in February 2017 decreased by 451.7 million GEL or by 2.4 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 0.6 percent) and constituted 18.7 billion GEL by March 1, 2017. The volume of loans in the national currency increased by 153.4 million GEL (2.3 percent) and the volume of loans in foreign currencies decreased by 605.0 million GEL or by 4.8 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator decreased by 0.3 percent).

By the end of February 2017, commercial banks issued 2.0 billion GEL worth of national currency-denominated loans (0.9 percent less compared to the previous month), and 6.5 billion GEL worth of  foreign currency denominated loans (3.2 percent less)  to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 1.3 percent).

During February 2017 the volume of lending to resident individuals decreased by 1.9 percent or 184.9 million GEL, and constituted 9.4 billion GEL by March 1, 2017.

Larization ratio for total loans constituted 36.31 percent by March 1, 2017. Compared to February 1, 2016 exchange rate effect excluded larization ratio increased by 0.59 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