Tbilisi (GBC) – Mortgage lending continues to maintain double-digit annual growth.

According to the National Bank of Georgia’s interactive statistics, as of December 1, 2025, annual growth reached 11%, compared to just under 10% in the same period last year.

The share of problematic mortgages has decreased. The non-performing loan ratio stands at 1.2% in GEL (last year: 1.5%), 1.6% in USD (L/Y – 2%), and in EUR-denominated housing loans for purchase or renovation, the share of non-performing loans fell by 0.3 percentage points.

As of December 1, 2025, banks’ mortgage portfolios total GEL 13.2 billion, of which 31% are in foreign currency.