The volume of lending by commercial banks (including loans to non-residents) in August 2013, compared to the previous month, increased by 176.8 million GEL (1.9 percent) and exceeded 9.3 billion GEL by September 1, 2013. The volume of loans provided in the national currency increased by 92.7 million GEL (3.0 percent) and the volume of loans in a foreign currency increased by 84.0 million GEL (1.4 percent).

By the end of August 2013, commercial banks issued to resident legal entities 856.7 million GEL worth of national currency-denominated loans (2.5 percent or 20.6 million GEL more compared to the previous month) and 3.9 billion GEL worth of loans in a foreign currency (0.7 percent or 27.9 million GEL more compared to the previous month).

Out of the total volume of lending to legal entities, the biggest share falls on trade - 46.4 percent. Compared with the previous month, in August 2013 the volume of loans provided for trade decreased by 0.1 percent or 1.2 million GEL and constituted 2.2 billion GEL.

Share of loans provided to the industrial sector constituted 19.3 percent of all loans to legal entities and amounted to 920.3 million GEL by September 1, 2013 (0.6 percent or 5.1 million GEL less compared to August 1, 2013); 9.3 percent fall on construction, amounting to 441.9 million GEL (1.2 percent or 5.2 million GEL more, respectively). Therefore, 74.9 percent of the total volume of lending to the legal entities falls only on three sectors - industry, construction and trade.

The volume of lending to resident individuals increased by 3.4 percent or 136.0 million GEL, during the August 2013, and reached 4.2 billion GEL by September 1, 2013.

 

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