81% of banks’ landing accounts for 5 banks.
Portfolio has been declined to all banks in February, including TOP-5. However, merely demand decline is not the sole reason. The volume of loans has been corrected by -20 point converting. As known, $75 million is converted in GEL through 2 month program and the figure has made up 188 million instead of 173 million GEL.
01.02.2017●01.03.2017 (billion GEL)
|1||Bank of Georgia||6,142●||6,263|
Source: Commercial Banks