Current condition of commercial banks’ loan portfolio
The volume of lending by commercial banks (including loans to non-residents) in September, 2012, compared to the previous month, increased by 151.2 million GEL (1.8 percent) and constituted 8.6 billion GEL by October 1, 2012. The volume of loans provided in the national currency increased by 39.9 million GEL (1.5 percent) and the volume of loans in a foreign currency increased by 111.3 million GEL (1.9 percent).
By the end of September 2012, commercial banks issued to resident legal entities 903.3 million GEL worth of national currency-denominated loans (4.4 percent or 38.1 million GEL more compared to the previous month) and 3.8 billion GEL worth of loans in a foreign currency (1.5 percent or 55.3 million GEL more, respectively).
Out of the total volume of lending to legal entities, the biggest share falls on trade - 46.6 percent. Compared with the previous month, in September, 2012 the volume of loans provided for trade increased by 2.7 percent or 57.3 million GEL and constituted 2.2 billion GEL.
Share of loans provided to the industrial sector constituted 21.1 percent of all loans to legal entities and amounted to 993.8 million GEL by October 1, 2012 (0.6 percent or 6.4 million GEL more compared to the previous month). 9.5 percent fall on construction, amounting to 447.9 million GEL (1.7 percent or 7.6 million GEL more, respectively). Therefore, 77.2 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 2.1 percent or 73.1 million GEL, during the September 2012, and constituted 3.6 billion GEL by October 1, 2012.
Current statistical information is published on the NBG's website
http://www.nbg.gov.ge/index.php?m=306&lng=eng