The volume of lending by commercial banks (including loans to non-residents) did not change compared to the previous month and constituted 5.2 billion GEL by December 1, 2009.

By the end of November 2009 commercial banks issued to resident legal entities 508.4 million GEL worth of national currency-denominated loans (1.9 percent or 9.6 million less than in the previous month) and 2.4 billion GEL worth of loans in foreign currency (0.5 percent or 11.5 million less, respectively).

Out of the total volume of lending to legal entities, the biggest share falls on trade – 46.2 percent. Compared to the previous month the volume of loans provided for trade remained on the level of 1.3 billion GEL.

Share of loans provided to the industrial sector constituted 22.0 percent of all loans to legal entities and amounted to 639.5 million GEL by December 1, 2009 (3.6 percent increase compared to the previous month). 10.7 percent fall on construction, amounting to 310.8 million GEL (6.6 decrease respectively). Thus, 78.9 percent of the total volume of lending to legal entities falls only on three sectors – industry, construction and trade.

The volume of lending to individuals decreased by 1.3 percent, during the past month, and amounted to 2.0 billion GEL by December 1, 2009.

Current statistical information is published on the statistics page of the NBG’s website.