Current Condition of Commercial Banks Loan Portfolio

Current Condition of Commercial Banks Loan Portfolio

25 March, 2019
The volume of lending by commercial banks (including loans to non-residents) in February 2019 increased by 52.2 million GEL or by 0.2 percent compared to the previous month (exchange rate effect excluded volume of lending decreased by 0.6 percent) and constituted 26.5 billion GEL by March 1, 2019. The volume of loans in the national currency increased by 66.6 million GEL (0.6 percent) and the volume of loans in foreign currency decreased by 14.4  million GEL or by 0.1 percent in the same period (exchange rate effect excluded, above mentioned indicator decreased by 1.5 percent).

By the end of February 2019, the total volume of national currency denominated loans issued by commercial banks amounted to 3.4 billion GEL (0.2 percent more compared to the previous month), and foreign currency denominated loans to resident legal entities constituted 8.3 billion GEL (0.6 percent less; exchange rate effect excluded volume of lending in the foreign currency decreased by 2.1 percent).

During February 2019, the volume of lending to resident individuals increased by 0.7 percent or 96.6 million GEL, and constituted 14.1 billion GEL by March 1, 2019.

Larization ratio for total loans constituted 42.95 percent by March 1, 2019 and increased by 0.17 percentage point (exchange rate effect excluded increased by 0.52 percentage point), compared to February 1, 2018.

 

Current statistical information is published on the NBG's website:
https://www.nbg.gov.ge/index.php?m=304&lng=eng
https://www.nbg.gov.ge/uploads/loansinglisurad/loans_to_the_economy_l3.5eng.xlsx

https://www.nbg.gov.ge/uploads/loansinglisurad/loans_structure_l3.10.1eng.xlsx