April 2019: 23 billion GEL deposited, 26.7 billion GEL lent
Loans taken out in Georgian lari increased by 120.7 million GEL in April. Photo: Nino Alavidze/Agenda.ge.
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About 23.1 billion GEL (about $8.29b/€7.41b) was deposited in Georgian banks in April 2019, making for a 0.1% month-on-month decrease, show the latest data by the National Bank of Georgia (NBG).
In the same time period, Georgian banks lent 26.7 billion GEL (about $9.59b/€8.57b), which was 0.4% decrease compared to the previous month.
Current tendencies of bank deposits and loans
Last month, the sum of term deposits (deposits made for a predetermined period of time) decreased by 34.3 million GEL (about $12.32m/€11.01m), while demand deposits, which allow for flexible withdrawal, increased by 48.5 million GEL (about $17.41m/€15.56m).
Loans taken out in Georgian lari increased by 120.7 million GEL (about $43.34m/€38.73m), while loans denominated in foreign currencies decreased by 225 million GEL (about $80.79m/€72.21m) month-on-month.
There are 15 commercial banks in Georgia, including 14 foreign-owned banks and one branch of non-resident banks.
About 22.9 billion GEL (about $8.53b/€7.54b) was deposited in Georgian banks in February 2019, making for a 1.4% month-on-month decrease, show the latest data by the National Bank of Georgia (NBG).
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.
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.
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.
About 24.01 billion GEL (about $8.62b/€7.57b) was deposited in Georgian banks in May 2019, making for a 3.71% month-on-month increase, show the latest data by the National Bank of Georgia (NBG).In the same time period, Georgian banks lent 27.63 billion GEL (about $9.92b/€8.71b), which was 3.57% increase compared to the previous month.
About 25.34 billion GEL ($8.52 bln/€7.75 bln) was deposited in Georgian banks in August 2019, making for a 1.38% month-on-month increase, show the latest data by the National Bank of Georgia (NBG).
About 25.62 billion GEL ($8.7 bln/€7.8 bln) was deposited in Georgian banks in September 2019, making for a 1.10 per cent month-on-month increase, show the latest data by the National Bank of Georgia (NBG).
About 26 billion GEL ($8.74 bln/€7.93 bln) was deposited in Georgian banks in October 2019, making for a 2.7 per cent month-on-month increase, show the latest data by the National Bank of Georgia (NBG).