NBG: National currency loans up by 785.90 million GEL, foreign currency by 180.28 million GEL

In June 2024, the volume of loans issued by commercial banks in Georgia increased by 966.17 million GEL (1.71%), reaching 57.34 billion GEL. Loans in national currency rose by 785.90 million GEL (2.56%), while loans in foreign currency grew by 180.28 million GEL (0.70%), the Georgian National Bank reported.

Resident legal entities received 9.36 billion GEL in national currency loans (up 4.21%) and 16.55 billion GEL in foreign currency loans (up 1.05%). Resident households saw their loan volume rise by 382.81 million GEL (1.31%), totaling 29.52 billion GEL. The total loan-to-GDP ratio increased to 54.83%, up by 0.45 percentage points from the previous month.