The volume of lending by commercial banks (including loans to non-residents) in February 2015 increased by 498.8 million GEL (3.6 percent) compared to the previous month, exceeded 14.2 billion GEL by March 1, 2015. The volume of loans provided in the national currency increased by 64.8 million GEL (1.3 percent) and the volume of loans in foreign currencies increased by 430.3 million GEL (5.0 percent).

By the end of February 2015, commercial banks issued 1.5 billion GEL worth of national currency-denominated loans (5.3 percent, or 77.4 million GEL, more than in the previous month) to resident legal entities and 5.5 billion GEL worth of loans in foreign currencies (4.6 percent, or 241.4 million GEL, more than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 30.5 percent. Compared with the previous month, in February 2015 the volume of loans provided for trade increased by 5.2 percent, or 104.8 million GEL, and exceeded 2.1 billion GEL by March 1, 2015.

The share of loans provided to the industrial sector constituted 24.4 percent of all loans to legal entities, amounting to 1.7 billion GEL by March 1, 2015 (2.9 percent, or 49.0  million GEL, more than in February 1, 2015); 7.0 percent falls on construction, amounting to 487.5 million GEL (an increase of 3.8 percent, or 17.9 million GEL). Therefore, 61.9 percent of the total volume of lending to legal entities falls on only three sectors - industry, construction and trade.

The volume of lending to resident individuals increased by 3.1 percent, or 195.6 million GEL, during February 2015 and reached 6.6 billion GEL by March 1, 2015.

 

 

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