volume of loans issued by commercial banks (excluding interbank loans) in
October 2021 increased by GEL 690.98 million or by 1.69% compared to the
previous month (exchange rate effect excluded, increased by 1.08%) and
constituted GEL 41.70 billion by November 1, 2021. The volume of loans in
national currency increased by GEL 368.03 million (1.86%) and the volume of
loans in foreign currency increased by 322.95 million GEL or by 1.52% in the
same period (exchange rate effect excluded, increased by 0.34%).
By the end of October 2021, the total volume of national currency denominated loans to resident legal entities issued by commercial banks amounted to GEL 6.55 billion (2.12% more compared to the previous month), and foreign currency denominated loans constituted 13.48 billion GEL (1.28% more; exchange rate effect excluded volume of lending in foreign currency increased by 0.11%).
During October 2021, the volume of lending to resident household sector increased by 1.82% or GEL 372.36 million, and constituted GEL 20.79 billion by November 1, 2021.
Larization ratio for total loans constituted 48.42 percent by November 1, 2021 and increased by 0.08 percentage point (exchange rate effect excluded, increased by 0.37 percentage point), compared to October 1, 2021.