The volume of lending by commercial banks (including loans to non-residents) in January 2015 increased by 743.4 million GEL (5.7 percent) compared to the previous month, constituting 13.7 billion GEL by February 1, 2015. The volume of loans provided in the national currency increased by 3.5 million GEL (0.1 percent) and the volume of loans in foreign currencies increased by 739.9 million GEL (9.4 percent).

By the end of January 2015, commercial banks issued 1.4 billion GEL worth of national currency-denominated loans (5.1 percent, or 78.2 million GEL, less than in the previous month) to resident legal entities and 5.2 billion GEL worth of loans in foreign currencies (8.3 percent, or 402.5 million GEL, more than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 30.4 percent. Compared with the previous month, in January 2015 the volume of loans provided for trade increased by 4.0 percent, or 77.5 million GEL, and exceeded 2.0 billion GEL by February 1, 2015.

The share of loans provided to the industrial sector constituted 24.9 percent of all loans to legal entities, amounting to 1.7 billion GEL by February 1, 2015 (4.6 percent, or 73.1  million GEL, more than in January 1, 2015); 7.0 percent falls on construction, amounting to 469.6 million GEL (an increase of 10.9 percent, or 46.3 million GEL). Therefore, 62.3 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 3.8 percent, or 233.0 million GEL, during January 2015 and reached 6.4 billion GEL by February 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;