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Credit growth stood at 19.1% YoY in August

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BM.GE
19.09.18 16:06
717
The total bank loan portfolio increased by 19.1% YoY in August 2018, excluding FX effect. From the segments perspective, retail, SME and corporate loans increased by 19.1%, 20.8% and 18.1% YoY, respectively. Growth of retail loans was mostly driven by mortgages, which went up by 34.7% YoY, while non-mortgage loan growth slowed to 9.0% YoY.

TBC Research