Current Condition of Commercial Banks’ Loan Portfolio
The
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.
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