Current Condition of Commercial Banks’ Loan Portfolio
The volume of lending by commercial banks (including loans to non-residents) in March 2016 decreased by 238.1 million GEL or by 1.5 percent compared to the previous month and constituted 15.9 billion GEL by April 1, 2016. The volume of loans in the national currency decreased by 73.2 million GEL (1.3 percent) and the volume of loans in foreign currencies decreased by 311.3 million GEL or by 2.9 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator increased by 1.5 percent).
By the end of March 2016, commercial banks issued 1.7 billion GEL worth of national currency-denominated loans (2.4 percent less compared to the previous month), and 5.5 billion GEL worth of foreign currency denominated loans (1.9 percent less) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 2.5 percent).
During March 2016 the volume of lending to resident individuals decreased by 1.1 percent or 93.0 million GEL, and constituted 8.0 billion GEL by April 1, 2016.
Larization ratio for total loans constituted 34.94 percent by April 1 2016. Compared to March 1, 2016 exchange rate effect excluded larization ratio decreased by 0.05 percentage point.
Current statistical information is published on the NBG's website: