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Business lending in Georgia reaches GEL 43 billion

by Mariam Razmadze
March 30, 2026
in Business & Economy, News
Reading Time: 1 min read
Business lending in Georgia reaches GEL 43 billion

Signing of a business loan. Photo: Freepik.

Recent data shows that business lending in Georgia continued to expand in early 2026, with total corporate loans issued by commercial banks reaching GEL 43 billion by the end of February. This represents an increase of GEL 4.4 billion, or 11%, compared to the same period last year.

The largest share of financing was directed toward real estate development which accounted for GEL 4.57 billion in outstanding loans, a 13% year-on-year increase. The services sector followed closely with GEL 4.2 billion, posting an 18% annual rise.

Real estate management also saw strong growth, reaching GEL 4 billion, up 18% compared to the previous year.

Other sectors receiving bank financing include:

  • Agriculture: GEL 3.56 billion (+10%)
  • Hospitality and tourism: GEL 3 billion (–1%)
  • Energy: GEL 2.96 billion (+16%)

The data indicates that banks are continuing to prioritize sectors with strong growth potential and relatively stable returns, particularly real estate, services and energy.

Tags: Georgian Economy
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