“Currently the most significant ?may be the position of your consumer. If he really wants to spend money on credit, then he should have such opportunity. It has to also mentioned ?that lending has reduced because the situation for the overall design. Liquidity remains high, along with a case of home loan business consumer? lending, ??business shouldn’t have ?problems in obtaining? loans. Today, banks can satisfy the interest in both corporate and individual services. Your banker grants loans for buying furniture to your house and for ?the setting up of new equipment along at the plant,” Vice-president within the National Bank o Otar Nadaraya says.
David Tsaava, Basisbank CEO, also won’t go to whichever problems inside the growth of private lending.
“We’re centered on the individual, in accordance with this, ?our demand is ?quite adequate. Although we cannot claim that folks that need to obtain consumer loans dominate inside our bank. Business lending, including medium and small, also grows,” he notes.
At duration, experts contemplate it vital to tighter conditions for issuing consumer loans, saying ?why these loans are mostly used the purchase of things and ?not on website of revenue.
“Ultimately, lots of the citizens’ wages are allocated to servicing of loans taken for that buying of a refrigerator or perhaps a new phone. This does not increase the social conditions of citizens, even worsen,” they are saying.
According to data for three quarters of 2015, Georgian banks issued GEL 2.4 billion for consumer loans, and that is 18% a lot more than in the same time of 2014.