National Bank: Lari-denominated lending expands by nearly 1 billion lari in June 2026 as FX loans rise by 311 million

Total bank lending (excluding interbank loans) stood at 75.43 billion lari by the end of June 2026, marking an increase of 1.30 billion lari, or 1.75 per cent, compared to the previous month, according to the National Bank of Georgia.

Excluding exchange rate movements, annual loan growth reached 14.47 per cent.

The National Bank of Georgia reported that over the same period, national currency-denominated loans grew by 985.05 million lari (2.29 per cent) month-on-month, while foreign currency-denominated loans rose by 311.13 million lari (1.00 per cent).

NBG data reveals that by the end of June 2026, commercial banks had extended 11.41 billion lari in lari-denominated loans to resident corporate entities, up 3.45 per cent month-on-month.

Foreign currency-denominated corporate lending reached 21.42 billion lari, exceeding the previous month’s figure by 1.03 per cent.

According to the National Bank’s report, lending to the resident household sector expanded by 1.78 per cent (701.19 million lari) during June 2026, reaching 40.11 billion lari by month-end.

By the end of June 2026, the overall loan larisation ratio stood at 58.37 per cent, representing a 0.31 percentage point increase compared to the previous month.