Creditinfo Georgia published statistics, which show that 10% of bank borrowers in Georgia have overdue loans.
The statistics include overdue loans from 30 days to 3 years. According to the data, today banks have 1.59 million active borrowers, with a total loan portfolio of 26.88 billion. Among them, 160,447 borrowers have overdue loans of GEL 1.15 billion from 30 days to 3 years.
According to statistics, the number of borrowers, who have overdue loans, is 10% of the total number of borrowers, while the volume of their overdue liabilities is 4% of the loans issued. A high rate of overdue loans is observed in the segment of micro-loans.
According to Creditinfo, the average amount of overdue loans is GEL 7,169.
Creditinfo statistics also contain data on MFOs and other lending entities besides banks. According to it, a total of 558,109 active loans are registered in these facilities, the volume of which is 1.76 billion GEL. Of these, 18% or 100,245 borrowers, have overdue loans. The total volume of these loans is 233 million GEL, which is 13% of the issued portfolio. According to statistics, the average amount of one overdue loan is 2,321 GEL.
As for new arrears, overdue loans were registered to 7,890 new borrowers in the banking system in August, while 7,048 new overdue loans were registered in August in other lending entities.
See all the news
Financial Services in CAREC
#TheCheckpoints: TIWB & Georgia - Interview with Rusudan Kemularia, Head of TIWB Secretariat
Stoli® Group to Release Limited-Edition Bottle in Support of the Ukrainian People
როგორ მოხვდა 17 წლის ანასტასია ლელაძე ჰარვარდში? - ანასტასია ლელაძე ქალების ნარატივში
"Literally the whole village was waiting for the first harvest of strawberry" - Kvitsiani family from Svaneti
Aliyev replaces long-serving central bank head with loyalist
Putin imposes visa restrictions on citizens from 'unfriendly' countries
BMG-ს მედია რუბრიკა: #პროფესიონალი - გიორგი მიქაია
Business Leaders Council by USAID and Georgian Business
ვინ არის მსოფლიოში #1 სნაიპერი “Wali”?
ბინების ქირის ფასი 50%-მდე გაიზარდა
"Today we are all Ukrainians"- Zurab Pololikashvili
Tourism is the main bridge for building understanding - ZURAB POLOLIKASHVILI
FAQ’s and Analysis on Lari & FDI - Interview with Fady Asly
მინერალური და მტკნარი წყლის ფასები ქართულ ბაზარზე
China continues to push competitors out of the global walnut market
Moscow to Host First Meeting of Turkish & Armenian Special Envoys on Jan 14
Scientists Discover New Part of the Human Body
Turkey's Exports Soar by 33.7% to $21.5B in November