The volume of lending by commercial banks (including loans to non-residents) in January, 2013, compared to the December, 2012, decreased by 45.5 million GEL (0.5 percent) and constituted 8.7 billion GEL by February 1, 2013. The volume of loans provided in the national currency decreased by 29.8 million GEL (1.1 percent) and the volume of loans in a foreign currency decreased by 15.7 million GEL (0.3 percent).

By the end of January 2013, commercial banks issued to resident legal entities 840.2 million GEL worth of national currency-denominated loans (5.5 percent or 48.7 million GEL less compared to the previous month) and 3.9 billion GEL worth of loans in a foreign currency (0.02 percent or 1.0 million GEL less, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade - 47.5 percent. Compared with the previous month, in January, 2013 the volume of loans provided for trade increased by 0.04 percent or 0.9 million GEL and exceeded 2.2 billion GEL.

Share of loans provided to the industrial sector constituted 20.9 percent of all loans to legal entities and amounted to 982.4 million GEL by February 1, 2013 (1.1 percent or 10.8 million GEL less compared to the previous month). 8.9 percent fall on construction, amounting to 420.5 million GEL (3.5 percent or 15.2 million GEL less, respectively). Therefore, 77.3 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 0.1 percent or 5.1 million GEL, during the January 2013, and exceeded 3.6 billion GEL by February 1, 2013.

 

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