Agriculture ranks fourth in terms of business lending after real estate development, - according to the National Bank of Georgia. The total loan portfolio issued to the sector stands at 3.6 billion GEL, highlighting its importance in the country’s economy.
Unlike other sectors, agriculture is primarily financed in the national currency. About 87% of the portfolio is issued in GEL, largely due to the state program “Preferential Agrocredit”. Under this initiative, agricultural companies receive state co-financing for four years on loans of up to 10 million GEL. The government covers 11% of the annual interest rate, allowing borrowers to pay only around 4% instead of the market rate of 15%. In 2025, 210 million GEL has been allocated from the budget to subsidize interest payments, with the same amount planned for 2026.
Commercial banks remain the main players in financing the agricultural sector. As of the second quarter of 2025, TBC Bank leads with 1.23 billion GEL issued to agriculture, followed closely by the Bank of Georgia with 1.22 billion GEL. Credo Bank ranks third with a loan portfolio of 993 million GEL directed to agribusiness.
These figures underscore both the growing interest of banks in the agricultural sector and the significant role of state programs in making loans accessible. With the combination of commercial financing and government support, agriculture is becoming one of the most actively funded sectors in Georgia’s economy.
