Current Condition of Commercial Banks Loan Portfolio
The volume of lending by commercial banks (including loans to non-residents) in January 2019 decreased by 170.2 million GEL or by 0.6 percent compared to the previous month (exchange rate effect excluded volume of lending decreased by 0.2 percent) and constituted 26.4 billion GEL by February 1, 2019. The volume of loans in the national currency decreased by 118.7 million GEL (1.0 percent) and the volume of loans in foreign currency decreased by 51.5 million GEL or by 0.3 percent in the same period (exchange rate effect excluded, above mentioned indicator increased by 0.5 percent).
By the end of January 2019, the total volume of national currency denominated loans issued by commercial banks amounted to 3.4 billion GEL (0.4 percent less compared to the previous month), and foreign currency denominated loans to resident legal entities constituted 8.1 billion GEL (0.9 percent more; exchange rate effect excluded volume of lending in the foreign currency increased by 1.7 percent).
During January 2019, the volume of lending to resident individuals decreased by 1.0 percent or 265.8 million GEL, and constituted 13.9 billion GEL by February 1, 2019.
Larization ratio for total loans constituted 42.79 percent by February 1, 2019 and decreased by 0.17 percentage point (exchange rate effect excluded decreased by 0.37 percentage point), compared to January 1, 2018.
information is published on the NBG's website: