Real estate development continues to hold the top position in bank lending, according to the latest statistics published by the National Bank.
As of the end of February 2026, the total volume of loans issued to the commercial sector reached 43 billion GEL, with the largest share—4.57 billion GEL—allocated to real estate development. The growth rate of loans to this sector (13%) outpaces the general growth rate of business loans, which stands at 11%.
In addition to the real estate development sector, significant contributions to bank lending come from real estate management, with banks issuing 4 billion GEL in loans to this sector. Moreover, lending to real estate management has increased by 18% annually. This highlights the growing importance of both real estate development and management in the banking sector's overall lending activity.
