Georgian Residents Accumulate $25 Billion in Loans

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Georgian Residents Accumulate $25 Billion in Loans

There is still strong demand for loans in Georgian banks


According to the country's National Bank data for September, the volume of loans increased by 1.14% over the month, or by 760 million lari ($280.4 million), The Caspian Post reports citing Telegram channel of Sputnik Georgia.

In total, the residents of Georgia have borrowed 67.52 billion lari ($24.9 billion), which is 13.3% more compared to the same month last year.

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Georgian Residents Accumulate $25 Billion in Loans

There is still strong demand for loans in Georgian banks According to the country's National Bank data for September, the volume of loans increased by 1.