The National Bank of Georgia has published commercial banks’ loan portfolios for September 2024, revealing a significant increase, with approved loans growing by GEL 1.69 billion, making it a 2.93% increase of a total GEL 59.37 billion. Loans issued in national currency also grew by GEL 741.66 million, also seeing a 2.93% increase.
By the end of the mentioned month, loans disbursed in foreign currency for legal resident establishments reached GEL 16.99 billion, whereas national currency loans hit GEL 10.03 billion.
Other notable changes outlined in the report:
- The resident household sector: GEL 410.52 million, a 1.37% increase.
- Larization ratio for all loans overall: 56.10%, which represents an increase of 0.0002 percentage points.