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Credit growth stood at 18.2% YoY in July

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BM.GE
23.08.18 16:05
744
The total bank loan portfolio increased by 18.2% YoY in July 2018, excluding FX effect.

From the segments perspective, retail, SME and corporate loans increased by 19.6%, 20.8% and 14.0% YoY, respectively.

Growth of retail loans was mostly driven by mortgages, which went up by 33.4% YoY, while non-mortgage loan growth slowed to 11.5% YoY.

TBC Research

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