The volume of lending by commercial banks (including loans to non-residents) in October 2013 increased by 100.4 million GEL (1.1 percent) compared to the previous month, constituting 9.6 billion GEL by November 1, 2013. The volume of loans provided in the national currency increased by 84.5 million GEL (2.5 percent) and the volume of loans in foreign currencies increased by 15.8 million GEL (0.3 percent).

By the end of October 2013, commercial banks issued 908.2 million GEL worth of national currency-denominated loans (1.0 percent, or 8.7 million GEL, less than in the previous month) to resident legal entities and 4.0 billion GEL worth of loans in foreign currencies (0.4 percent, or 14.7 million GEL, more than the previous month).

Of the total volume of lending to legal entities, the biggest share falls on trade - 48.0 percent. Compared with the previous month, in October 2013 the volume of loans provided for trade increased by 4.6 percent, or 102.2 million GEL, and exceeded 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 839.1 million GEL by November 1, 2013 (9.6 percent, or 89.2 million GEL, less than in October 1, 2013); 8.0 percent falls on construction, amounting to 390.2 million GEL (an decrease of 11.9 percent, or 52.6 million GEL). Therefore, 73.2 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 95.2 million GEL, during October 2013 and reached 4.4 billion GEL by November 1, 2013.

 

 

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