The volume of lending by commercial banks (including loans to non-residents) in November, 2012, compared to the previous month, increased by 4.0 million GEL (0.05 percent) and constituted 8.6 billion GEL by December 1, 2012. The volume of loans provided in the national currency increased by 15.1 million GEL (0.6 percent) and the volume of loans in a foreign currency decreased by 11.1 million GEL (0.2 percent).

By the end of November 2012, commercial banks issued to resident legal entities 867.2 million GEL worth of national currency-denominated loans (0.5 percent or 4.2 million GEL less compared to the previous month) and 3.8 billion GEL worth of loans in a foreign currency (0.2 percent or 8.5 million GEL more, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade - 47.9 percent. Compared with the previous month, in November, 2012 the volume of loans provided for trade increased by 0.8 percent or 18.4 million GEL and exceeded 2.2 billion GEL.

Share of loans provided to the industrial sector constituted 20.7 percent of all loans to legal entities and amounted to 970.3 million GEL by December 1, 2012 (0.1 percent or 0.9 million GEL less compared to the previous month). 8.5 percent fall on construction, amounting to 398.9 million GEL (3.4 percent or 14.0 million GEL less, respectively). Therefore, 77.1 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 0.6 percent or 19.8 million GEL, during the November 2012, and exceeded 3.5 billion GEL by December 1, 2012.

 

 

 

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