Tbilisi (GBC) - The HoReCa sector is no longer complaining about a shortage of staff, as it has encountered problems with hiring personnel.

According to the National Bank of Georgia, as of June (01.06.2025), more than 8% of loans issued to cafe-restaurants are problematic, in USD and within 7% in Euros.

Out of the 213 million GEL (equivalent in dollars) issued by banks to cafe-restaurants and fast food outlets in USD, 16.5 million are problematic. In Euros, 7% - 20.3 million GEL (equivalent in foreign currency).

As of June (01.06.2025), the total volume of hotel-restaurant lending is 1.79 billion GEL. Of this, up to 1.3 billion GEL were issued in foreign currency (01.06.2024 - 1.9 billion, 1.4 billion, respectively)

Restaurant owners complain about a decrease in customers and are having difficulty maintaining their business due to increased costs. It is unusually passive for the tourist season and they have no idea what to expect, how they will survive in the winter.

Problem loans in foreign currency (catering facilities)

GEL

3,5%

USD

8%

EUR

7%

Total

5,6%

Café-Restaurants

 

GEL

12 800 000

USD

18 489 580

EUR

21 300 000

Total

49 233 810

Source: NBG; As of 01.06.2025, Currency : GEL