The volume of lending by commercial banks (including loans to non-residents) in June 2014 increased by 286.2 million GEL (2.6 percent) compared to the previous month, exceeding 11.1 billion GEL by July 1, 2014. The volume of loans provided in the national currency increased by 171.0 million GEL (4.0 percent) and the volume of loans in foreign currencies increased by 115.2 million GEL (1.7 percent).

By the end of June 2014, commercial banks issued 1.3 billion GEL worth of national currency-denominated loans (11.2 percent, or 129.9 million GEL, more than in the previous month) to resident legal entities and 4.3 billion GEL worth of loans in foreign currencies (1.7 percent, or 71.6 million GEL, more than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 31.1 percent (1.7 billion GEL). The share of loans provided to the industrial sector constituted 22.9 percent of all loans to legal entities, amounting to 1.3 billion GEL by July 1, 2014; 7.6 percent falls on construction, amounting to 421.9 million GEL. Therefore, 61.6 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 114.9 million GEL, during June 2014 and exceeded 5.2 billion GEL by July 1, 2014.

The structural changes of loans by type of economic activities in June 2014 compared with previous months are result of updating banks' clients' personal information related their economic activity.

Current statistical information is published on the NBG's website:
http://www.nbg.gov.ge/index.php?m=306&lng=eng