The volume of loans issued by commercial banks (excluding interbank loans) in January 2025 increased by 459,03 milion GEL or by 0,74% compared to the previous month (exchange rate effect excluded, decreased by 0,28%) and constituted 62,68 billion GEL by the end of January 2025. The YoY growth rate of loans, excluding exchange rate effect, was 17,93%. The volume of loans in national currency increased by 36,05 milion GEL (0,10%) and the volume of loans in foreign currency increased by 422,98 milion GEL or by 1,57% in the same period (exchange rate effect excluded, decreased by 0,77%).
By the end of January 2025, the total volume of national currency denominated loans to resident legal entities issued by commercial banks amounted to 10,58 billion GEL (1,34% less compared to the previous month), and foreign currency denominated loans constituted 18,15 billion GEL (2,46% more; exchange rate effect excluded volume of lending in foreign currency increased by 0,10 %).
During January 2025, the volume of lending to resident household sector increased by 0,66% or 208,38 milion GEL, and constituted 31,94 billion GEL by the end of January 2025.
Larization ratio for total loans constituted 56,32% by the end of January 2025 and decreased by 0,358 percentage point (exchange rate effect excluded, increased by 0,22 percentage point), compared to the end of December 2024.
