The volume of lending by commercial banks (including loans to non-residents) in September 2014 increased by 409.5 million GEL (3.7 percent) compared to the previous month, constituting 11.5 billion GEL by October 1, 2014. The volume of loans provided in the national currency increased by 125.8 million GEL (2.8 percent) and the volume of loans in foreign currencies increased by 283.7 million GEL (4.3 percent).

By the end of September 2014, commercial banks issued 1.3 billion GEL worth of national currency-denominated loans (4.0 percent, or 50.9 million GEL, more than in the previous month) to resident legal entities and 4.3 billion GEL worth of loans in foreign currencies (2.9 percent, or 124.0 million GEL, more 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 September 2014 the volume of loans provided for trade increased by 1.0 percent, or 16.5 million GEL, and constituted 1.7 billion GEL.

The share of loans provided to the industrial sector constituted 23.1 percent of all loans to legal entities, amounting to 1.3 billion GEL by October 1, 2014 (5.1 percent, or 63.0  million GEL, more than in September 1, 2014); 7.2 percent falls on construction, amounting to 408.0 million GEL (a increase of 2.2 percent, or 8.7 million GEL). Therefore, 59.8 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 2.7 percent, or 142.5 million GEL, during September 2014 and constituted 5.5 billion GEL by October 1, 2014.

 

 

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