The volume of lending by commercial banks (including loans to non-residents) in October 2014 increased by 196.7 million GEL (1.7 percent) compared to the previous month, exceeded 11.7 billion GEL by November 1, 2014. The volume of loans provided in the national currency increased by 82.1 million GEL (1.8 percent) and the volume of loans in foreign currencies increased by 114.6 million GEL (1.6 percent).

By the end of October 2014, commercial banks issued 1.3 billion GEL worth of national currency-denominated loans (1.0 percent, or 12.8 million GEL, more than in the previous month) to resident legal entities and 4.3 billion GEL worth of loans in foreign currencies (0.7 percent, or 31.0 million GEL, less than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 29.4 percent. Compared with the previous month, in October 2014 the volume of loans provided for trade decreased by 0.5 percent, or 8.1 million GEL, and constituted 1.7 billion GEL be November 1, 2014.

The share of loans provided to the industrial sector constituted 23.4 percent of all loans to legal entities, amounting to 1.3 billion GEL by November 1, 2014 (0.9 percent, or 11.8  million GEL, more than in October 1, 2014); 7.1 percent falls on construction, amounting to 398.1 million GEL (a decrease of 2.4 percent, or 10.0 million GEL). Therefore, 59.9 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 2.2 percent, or 123.2 million GEL, during October 2014 and exceeded 5.6 billion GEL by November 1, 2014.

 

 

Current statistical information is published on the NBG's website:
https://www.nbg.gov.ge/index.php?m=304