National Bank of Georgia reported that consumer loans, issued as of January 1, 2014 , totaled to 1.8 billion lari. This volume has increased by 50.75% year-on-year. Out of total volume, 80.74% (i.e. 1.45 billion lari) was issued in national currency (growth – 61.25%), while 347.89 million lari – in foreign currency (growth – 18.42%). Long-term loans accounted for 73.45% of total volume (i.e. 1.31 billion lari, year-on-year growth – 46.28%). At that, loans in national currency accounted for 79.49% (i.e. 1.05 billion lari), while 272.14 million lari was issued in foreign currency. Short-term consumer loans accounted for 26.55% of total volume (i.e. 479.64 million lari, growth – 64.68%). At that, loans in national currency accounted for 84.21% (i.e. 403.89 million lari), while 75.75 million lari was issued in foreign currency.
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