The volume of lending by commercial banks (including loans to non-residents) in June, 2012, compared to the previous month, increased by 412.6 million GEL (5.2 percent) and exceeded 8.3 billion GEL by July 1, 2012. The volume of loans provided in the national currency increased by 133.6 million GEL (5.2 percent) and the volume of loans in a foreign currency increased by 279.0 million GEL (5.2 percent).

By the end of June 2012, commercial banks issued to resident legal entities 964.1 million GEL worth of national currency-denominated loans (10.7 percent or 93.5 million GEL more compared to the previous month) and 3.7 billion GEL worth of loans in a foreign currency (6.8 percent or 237.3 million GEL more, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade - 46.7 percent. Compared with the previous month, in June, 2012 the volume of loans provided for trade increased by 7.5 percent or 151.8 million GEL and constituted 2.2 billion GEL.

Share of loans provided to the industrial sector constituted 21.8 percent of all loans to legal entities and amounted to 1018.2 million GEL by July 1, 2012 (15.0 percent or 132.7 million GEL more compared to the previous month). 9.9 percent fall on construction, amounting to 464.1 million GEL (7.0 percent or 30.2 million GEL more, respectively). Therefore, 78.5 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 2.7 percent or 89.6 million GEL, during the June 2012, and reached 3.4 billion GEL by July 1, 2012.

 

 

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