The volume of lending by commercial banks (including loans to non-residents) in March 2014 increased by 204.9 million GEL (2.0 percent) compared to the previous month, constituting 10.6 billion GEL by April 1, 2014. The volume of loans provided in the national currency increased by 131.2 million GEL (3.2 percent) and the volume of loans in foreign currencies increased by 73.6 million GEL (1.2 percent).

By the end of March 2014, commercial banks issued 1.2 billion GEL worth of national currency-denominated loans (7.3 percent, or 81.3 million GEL, more than in the previous month) to resident legal entities and 4.2 billion GEL worth of loans in foreign currencies (0.4 percent, or 15.9 million GEL, more than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 44.8 percent. Compared with the previous month, in March 2014 the volume of loans provided for trade increased by 0.1 percent, or 1.8 million GEL, and exceeded 2.4 billion GEL.

The share of loans provided to the industrial sector constituted 17.5 percent of all loans to legal entities, amounting to 943.9 million GEL by April 1, 2014 (3.3 percent, or 30.5 million GEL, more than in March 1, 2014); 7.8 percent falls on construction, amounting to 420.8 million GEL (a decrease of 0.8 percent, or 3.6 million GEL). Therefore, 70.0 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 2.6 percent, or 126.9 million GEL, during March 2014 and exceeded 4.9 billion GEL by April 1, 2014.

 

 

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