17:41, 29 April 2009 Page views 375 views

Overdue Credit Debt in Georgian Banks Grew by USD38 Million

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Overdue credit debt in Georgian banking system increased by GEL62.7 million (USD38 million) in Q1, 2009. On April, 1, 2009, this debt reached GEL222 million (USD13 million) and amounted to 3.9% of the total credit portfolio totaling GEL5.6 billion (USD3.3 billion). Overdue credit debt reached 2.6% of the total Georgian banks’ resources.



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