July 2018: 20.5 billion GEL deposited, 23.3 billion lent

Loans taken out in Georgian lari increased by 1.2%, while loans denominated in foreign currencies also increased by 0.1%. Photo: N. Alavidze/Agenda.ge.

Agenda.ge, 29 Aug 2018 - 12:23, Tbilisi,Georgia

About 20.5 billion GEL was deposited in Georgian banks in July 2018, making for a 1.1 percent (231.7 million GEL) month-over-month increase.

During the same time, Georgian banks lent 23.3 billion GEL, which was 132.9 million GEL or 0.6 percent more compared to the previous month, show the latest data by the National Bank of Georgia (NBG).

Current tendencies of bank deposits and loans

Last month, the sum of term deposits (deposits made for a predetermined period of time) increased by 261.3 million GEL, while demand deposits, which allow for flexible withdrawal, decreased by 29.6 million GEL.

As for loans taken out in Georgian lari, it increased by 126.4 million GEL (1.2 percent), while loans denominated in foreign currencies also increased by 6.5 million GEL (0.1 percent) month-over-month.

There are 15 commercial banks in Georgia, including 14 foreign-owned banks and one branch of non-resident banks.

April 2018: Almost 20 billion GEL deposited, 22.7 billion lent

28 May 2018

About 19.9 billion GEL was deposited in Georgian banks in April 2018, making for a 1.3 percent (262.4 million GEL) month-over-month increase.

March 2018: 19.6 billion GEL deposited, 22.2 billion lent

26 Apr 2018

About 19.6 billion GEL was deposited in Georgian banks in March 2018, making for a 2.4 percent (459.1 million GEL) month-over-month increase.

19.2 billion GEL deposited, 21.9 billion lent in January 2018

27 Feb 2018

About 19.2 billion GEL was deposited in Georgian banks in January 2018, making for a 3.2 percent (627.1 million GEL) month-over-month decrease.

19.8 billion GEL deposited, 21.7 billion lent in December 2017

25 Jan 2018

About 19.8 billion GEL was deposited in Georgian banks in December 2017, making for a 0.7 percent (141.5 million GEL) month-over-month increase.

December 2018: 23 billion GEL deposited, 26.6 billion GEL lent

25 Jan 2019

About 23 billion GEL (about $8.63b/€7.61b) was deposited in Georgian banks in December 2018, making for a 4.7% month-on-month increase.

Jan 2019: 22.6 billion GEL deposited, 26.4 billion GEL lent

25 Feb 2019

About 22.6 billion GEL (about $8.48b/€7.47b) was deposited in Georgian banks in January 2018, making for a 2% month-on-month decrease.