In May, excluding the effect of the exchange rate, loans increased by 19% annually, and compared to the previous month by 0.6%.
The National Bank of Georgia stated that the growth rate of loans was caused by the increase in both national and foreign currency lending. More specifically, in May, the growth rate of lending in national currency increased to 21.1% and contributed 11.7% to the growth of total loans.
By Mariam Mtivlishvili
