Commercial banks operating in Georgia have submitted their financial report to the National Bank of Georgia (NBG). According to the report, as of November 2024, the size of the banking sector's lending amounted to GEL 61.7 billion, which has increased by 15%, or GEL 8 billion year-on-year.
According to statistics, lending to large, medium and small businesses exceeds GEL 37 billion, while lending to retail (individuals) exceeds GEL 25.5 billion. In the business sector, the largest number of loans of GEL 3.8 billion was issued to the real estate development sector, followed by services with GEL 3.5 billion, and the agricultural sector with a loan portfolio of GEL 3.2 billion.
As for the retail segment, mortgage loans are in first place with GEL 12 billion, consumer loans are in second place with GEL 11.9 billion and credit card loans are in third place with GEL 480 million.
