Current Condition of Commercial Banks’ Loan Portfolio
24 February, 2017
The volume of lending by commercial banks (including loans to non-residents) in January 2017 increased by 230.6 million GEL or by 1.2 percent compared to the previous month (exchange rate effect excluded volume of lending decreased by 0.2 percent) and constituted 19.1 billion GEL by February 1, 2017. The volume of loans in the national currency increased by 97.5 million GEL (1.5 percent) and the volume of loans in foreign currencies increased by 133.1 million GEL or by 1.1 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator decreased by 1.2 percent).
By the end of January 2017, commercial banks issued 2.0 billion GEL worth of national currency-denominated loans (0.9 percent less compared to the previous month), and 6.7 billion GEL worth of foreign currency denominated loans (1.1 percent more) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency decreased by 1.1 percent).
During January 2017 the volume of lending to resident individuals increased by 1.5 percent or 142.2 million GEL, and constituted 9.5 billion GEL by February 1, 2017.
Larization ratio for total loans constituted 34.65 percent by February 1, 2017. Compared to January 1, 2016 exchange rate effect excluded larization ratio increased by 0.60 percentage point.
Current statistical information is published on the NBG’s website: