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NBG: growth rate of consumer loans accelerate

by mariam.mtivlishvili
February 8, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
NBG: growth rate of consumer loans accelerate

According to the report of the National Bank of Georgia, loans in GEL increased by 17% annually to 28.8 billion GEL in December, while loans in foreign currency increased to 17.3%. The growth of foreign currency loans is mainly due to the growth of business loans, the contribution of which to the growth of total loans is 10.4 percentage points.

The loan growth rate compared to the previous month was 0.9 percentage points.

 

By Mariam Mtivlishvili

Tags: consumer loans
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