Current Condition of Commercial Banks’ Loan Portfolio

Current Condition of Commercial Banks’ Loan Portfolio

25 November, 2015

The volume of lending by commercial banks (including loans to non-residents) in October  2015 increased by 70.1 million GEL or by 0.4 percent compared to the previous month (change was caused by exchange rate movements) and exceeded 15.7 billion GEL by November 1, 2015. The volume of loans in the national currency decreased by 7.0 million GEL (0.1 percent) and the volume of loans in foreign currencies increased by 77.1 million GEL or by 0.8 percent in the same period (exchange rate effect excluded, above mentioned indicator increased by 0.1 percent).

By the end of October 2015, commercial banks issued 1.8 billion GEL worth of national currency-denominated loans (1.1 percent less compared to the previous month), and 5.9 billion GEL worth of  foreign currency denominated loans (2.0 percent less)  to resident legal entities.

During October 2015 the volume of lending to resident individuals increased by 0.3 percent or by 24.9 million GEL, and reached 7.2 billion GEL (however, exchange rate effect excluded this indicator increased by 0.02 percent) by November 1, 2015.

Larization ratio for total loans constituted 35.66 percent by November 1 2015, while the same indicator for loans issued to the households was 52.25. Compared to October 1, 2015 exchange rate effect excluded larization ratio decreased by 0.05 percentage point for total loans and by 0.26 percentage point - for households loans.

Current statistical information is published on the NBG's website: