By the end of March 2026, the total loan portfolio of Georgian commercial banks reached 72.74 billion GEL, marking an increase of 1.68 billion GEL (2.37%) compared to the previous month. Excluding exchange rate effects, lending grew by 2.35% over the same period.
According to the National Bank of Georgia, annual credit growth stood at 14.94% when adjusted for exchange rate fluctuations. Both GEL- and foreign currency-denominated loans increased month-on-month, by 775.38 million GEL (1.89%) and 907.04 million GEL (3.02%) respectively.
The lariization ratio slightly declined by 0.27 percentage points to 57.51%. Loans to resident legal entities also increased, with GEL-denominated lending reaching 11.04 billion GEL and foreign currency loans totaling 21.04 billion GEL by the end of March.
Household lending showed notable growth as well, increasing by 624.92 million GEL (1.68%) during March and reaching 37.79 billion GEL. Overall, the data reflects continued expansion in both corporate and retail credit activity.
