Current Condition of Commercial Banks’ Loan Portfolio
The volume of lending by commercial banks (including loans to non-residents) in January 2016 increased by 176.1 million GEL or by 1.1 percent compared to the previous month (exchange rate effect excluded volume of lending decreased by 1.0 percent) and constituted 16.2 billion GEL by February 1, 2016. The volume of loans in the national currency decreased by 129.6 million GEL (2.3 percent) and the volume of loans in foreign currencies increased by 305.7 million GEL or by 3.0 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 January 2016, commercial banks issued 1.6 billion GEL worth of national currency-denominated loans (6.4 percent less compared to the previous month), and 5.2 billion GEL worth of foreign currency denominated loans (5.4 percent less) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency decreased by 8.5 percent).
During January 2016 the volume of lending to resident individuals increased by 1.6 percent or 128.7 million GEL, and constituted 8.1 billion GEL by February 1, 2016.
Larization ratio for total loans constituted 34.23 percent by February 1 2016. Compared to January 1, 2016 exchange rate effect excluded larization ratio decreased by 0.47 percentage point.
Current statistical information is published on the NBG's website: