The National Bank of Georgia (NBG) published a report regarding resident commercial banks’ loan portfolios for October 2024.
Loan Growth Overview:
- Total loans: 60.06 billion GEL (692.03 million GEL increase or +1.3% adjusted for exchange rate effects).
- National currency loans: 768.59 million GEL increase (+2.31%).
- Foreign currency loans: 76.56 million GEL decrease,
Primary sectors:
- Resident legal entities:
- National currency loans: increased by 10.38 billion GEL (+3.53%).
- Foreign currency loans: +0.46% (adjusted to exchange rate).
- Resident households:
- Total loans: 30.85 billion GEL increase ( +1.25%).
Notably, larization ratio reached 56.73% (+0.633).
