The volume of lending by commercial banks (including loans to non-residents) in March, 2013, compared to the previous month, increased by 74.0 million GEL (0.9 percent) and exceeded 8.7 billion GEL by April 1, 2013. The volume of loans provided in the national currency increased by 84.7 million GEL (3.0 percent) and the volume of loans in a foreign currency decreased by 10.7 million GEL (0.2 percent).

By the end of March 2013, commercial banks issued to resident legal entities 852.0 million GEL worth of national currency-denominated loans (2.5 percent or 20.9 million GEL more compared to the previous month) and 3.8 billion GEL worth of loans in a foreign currency (1.0 percent or 37.0 million GEL less compared to the previous month).

Out of the total volume of lending to legal entities, the biggest share falls on trade - 48.6 percent. Compared with the previous month, in March, 2013 the volume of loans provided for trade increased by 2.6 percent or 57.4 million GEL and constituted 2.3 billion GEL.

Share of loans provided to the industrial sector constituted 19.0 percent of all loans to legal entities and amounted to 885.5 million GEL by April 1, 2013 (9.0 percent or 87.2 million GEL less compared to March 1, 2013). 9.2 percent fall on construction, amounting to 427.0 million GEL (2.7 percent or 11.3 million GEL more, respectively). Therefore, 76.8 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 2.3 percent or 83.6 million GEL, during the March 2013, and exceeded 3.7 billion GEL by April 1, 2013.

 

 

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