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FX Denominated Bank Loans (Local Currency) in Georgia

Source: IMF
Last Updated: January 27, 2022

Fx denominated bank loans reached GEL 21.4 bil in third quarter of 2021 in Georgia, according to the National Central Bank. This is 2.15% more than in the previous quarter.

Historically, FX denominated bank loans in Georgia reached an all time high of GEL 21.9 bil in 1Q2021 and an all time low of GEL 0.366 bil in 1Q2001.

Georgia has been ranked 34th within the group of 44 countries we follow in terms of FX denominated bank loans.

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