The volume of lending by commercial banks (including loans to non-residents) in November 2013 increased by 284.1million GEL (3.0 percent) compared to the previous month, constituting 9.9 billion GEL by December 1, 2013. The volume of loans provided in the national currency increased by 230.8 million GEL (6.7 percent) and the volume of loans in foreign currencies increased by 53.2 million GEL (0.9 percent).

By the end of November 2013, commercial banks issued 1.0 billion GEL worth of national currency-denominated loans (10.9 percent, or 98.7 million GEL, more than in the previous month) to resident legal entities and 4.0 billion GEL worth of loans in foreign currencies (1.0 percent, or 40.6 million GEL, more than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 45.9 percent. Compared with the previous month, in November 2013 the volume of loans provided for trade decreased by 1.8 percent, or 41.7 million GEL, and constituted 2.3 billion GEL.

The share of loans provided to the industrial sector constituted 17.2 percent of all loans to legal entities, amounting to 863.6 million GEL by December 1, 2013 (2.9 percent, or 24.5 million GEL, more than in November 1, 2013); 7.9 percent falls on construction, amounting to 397.5 million GEL (an increase of 1.9 percent, or 7.3 million GEL). Therefore, 71.0 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 2.9 percent, or 128.2 million GEL, during November 2013 and reached 4.5 billion GEL by December 1, 2013.

 

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