Fx denominated loans as a share of bank loans reached 4,115% in 2023 in Georgia, according to the National Central Bank. This is 1.93% more than in the previous year.
Historically, FX denominated loans as a share of bank loans in Georgia reached an all time high of 8,675% in 2003 and an all time low of 65.4% in 2016.
Georgia has been ranked 2nd within the group of 80 countries we follow in terms of FX denominated loans as a share of bank loans.
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