The volume of loans issued by commercial banks (excluding interbank loans) in April 2024 increased by 730.66 million GEL or by 1.36% compared to the previous month (exchange rate effect excluded, increased by 1.66%) and constituted 54.51 billion GEL by the end of April 2024. The volume of loans in national currency increased by 435.78 million GEL (1.47%) and the volume of loans in foreign currency increased by 294.88 million GEL or by 1.22% in the same period (exchange rate effect excluded, increased by 1.89%).
By the end of April 2024, the total volume of national currency denominated loans to resident legal entities issued by commercial banks amounted to 8.82 billion GEL (0.20% less compared to the previous month), and foreign currency denominated loans constituted 15.47 billion GEL (1.71% more; exchange rate effect excluded volume of lending in foreign currency increased by 2.37%).
During April 2024, the volume of lending to resident household sector increased by 1.72% or 481.62 million GEL, and constituted 28.41 billion GEL by the end of April 2024.
Larization ratio for total loans constituted 55.25% by the end of April 2024 and increased by 0.06 percentage point (exchange rate effect excluded, decreased by 0.10 percentage point), compared to the end of March 2024.
