The volume of lending by commercial banks (including loans to non-residents) in April 2014 increased by 140.4 million GEL (1.3 percent) compared to the previous month, constituting 10.8 billion GEL by May 1, 2014. The volume of loans provided in the national currency increased by 3.0 million GEL (0.1 percent) and the volume of loans in foreign currencies increased by 137.2 million GEL (2.1 percent).

By the end of April 2014, commercial banks issued 1.2 billion GEL worth of national currency-denominated loans (3.2 percent, or 37.7 million GEL, less than in the previous month) to resident legal entities and 4.3 billion GEL worth of loans in foreign currencies (1.8 percent, or 74.1 million GEL, more than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 44.6 percent. Compared with the previous month, in April 2014 the volume of loans provided for trade increased by 0.2 percent, or 4.3 million GEL, and exceeded 2.4 billion GEL.

The share of loans provided to the industrial sector constituted 17.0 percent of all loans to legal entities, amounting to 926.5 million GEL by May 1, 2014 (1.8 percent, or 17.4 million GEL, less than in April 1, 2014); 7.9 percent falls on construction, amounting to 429.4 million GEL (a increase of 2.1 percent, or 8.6 million GEL). Therefore, 69.5 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 1.9 percent, or 92.2 million GEL, during April 2014 and exceeded 5.0 billion GEL by May 1, 2014.

 

 

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