The volume of lending by commercial banks (including loans to non-residents) in October, 2012, compared to the previous month, decreased by 7.6 million GEL (0.1 percent) and constituted 8.6 billion GEL by November 1, 2012. The volume of loans provided in the national currency increased by 2.0 million GEL (0.1 percent) and the volume of loans in a foreign currency decreased by 9.6 million GEL (0.2 percent).

By the end of October 2012, commercial banks issued to resident legal entities 871.4 million GEL worth of national currency-denominated loans (3.5 percent or 31.9 million GEL less compared to the previous month) and 3.8 billion GEL worth of loans in a foreign currency (0.5 percent or 18.5 million GEL more, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade - 47.6 percent. Compared with the previous month, in October, 2012 the volume of loans provided for trade increased by 1.9 percent or 40.6 million GEL and constituted 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 971.2 million GEL by November 1, 2012 (2.3 percent or 22.6 million GEL less compared to the previous month). 8.8 percent fall on construction, amounting to 412.9 million GEL (7.8 percent or 35.0 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 decreased by 0.7 percent or 23.7 million GEL, during the October 2012, and constituted 3.5 billion GEL by November 1, 2012.

 

 

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