The volume of lending by commercial banks (including loans to non-residents) in August, 2012, compared to the previous month, decreased by 23.1 million GEL (0.3 percent) and constituted 8.4 billion GEL by September 1, 2012. The volume of loans provided in the national currency decreased by 36.0 million GEL (1.3 percent) and the volume of loans in a foreign currency increased by 12.9 million GEL (0.2 percent).

By the end of August 2012, commercial banks issued to resident legal entities 865.3 million GEL worth of national currency-denominated loans (9.2 percent or 87.7 million GEL less compared to the previous month) and 3.7 billion GEL worth of loans in a foreign currency (0.2 percent or 7.2 million GEL less, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade - 46.3 percent. Compared with the previous month, in August, 2012 the volume of loans provided for trade decreased by 2.6 percent or 57.9 million GEL and constituted 2.1 billion GEL.

Share of loans provided to the industrial sector constituted 21.4 percent of all loans to legal entities and amounted to 987.4 million GEL by September 1, 2012 (5.9 percent or 62.3 million GEL less compared to the previous month). 9.6 percent fall on construction, amounting to 440.4 million GEL (0.2 percent or 0.9 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 0.7 percent or 24.4 million GEL, during the August 2012, and constituted 3.5 billion GEL by August 1, 2012.

 

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