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Daily News: Economics
September 1, 2014


AT THE END OF Q2, LOANS SECURED WITH RESIDENTIAL ESTATE ACCOUNTED FOR 20.8% OF TOTAL LOANS

National Bank of Georgia (NBG) reported that ratio of loans, secured with residential estate, to total loans at the end of the 2nd quarter made up 20.8%.

To compare, in the end of the same quarter of 2013, this ratio made up 18.6% (accordingly, year-on-year growth makes up 2.2 percentage points), while in the end of previous (the 1st) quarter – 20.1% (quarter-on-quarter growth – 0.6 percentage points).

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