Current Condition of Commercial Banks’ Loan Portfolio
volume of lending by commercial banks (including loans to non-residents) in June
2016 increased by 1.2 billion GEL or by 7.8 percent compared to the previous
month and constituted 16.4 billion GEL by July 1, 2016 (exchange
rate effect excluded it increased by 2.0 percent). The volume of loans in the
national currency increased by 69.3 million GEL (1.2 percent) and the volume of
loans in foreign currencies increased by 1.1 billion GEL or by 11.6 percent in
the same period (as a result of operations, or exchange rate effect excluded,
above mentioned indicator increased by 2.4 percent).
By the end of June 2016, commercial banks issued 1.7 billion GEL worth of national currency-denominated loans (7.3 percent more compared to the previous month), and 5.9 billion GEL worth of foreign currency denominated loans (18.3 percent less) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 8.6 percent).
During June 2016 the volume of lending to resident individuals increased by 6.7 percent or 507.9 million GEL, and constituted 8.1 billion GEL by July 1, 2016.
Larization ratio for total loans constituted 34.50 percent by July 1, 2016. Compared to June 1, 2016 exchange rate effect excluded larization ratio of total loans decreased by 0.26 percentage point.
statistical information is published on the NBG's website: