Corporate loans reached 4.21 USD bil in 2017 in Georgia, according to the National Central Bank. This is 16.3 % more than in the previous year.
Historically, corporate loans in Georgia reached an all time high of 4.21 USD bil in 2017 and an all time low of 0.149 USD bil in 2001. When compared to Georgia's main peers, corporate loans in Armenia amounted to 2.91 USD bil, 472 USD bil in Russia and 393 USD bil in Turkey in 2017.
Georgia has been ranked 50th within the group of 75 countries we follow in terms of corporate loans, 2 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.