NEWS

Jan 2020: 26.47 billion GEL deposited, 31.92 billion GEL lent

Last month loans taken out in Georgian lari increased by 10.45 million GEL. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 25 Feb 2020 - 16:03, Tbilisi,Georgia

About 26.47 billion GEL ($9.47 bln/€8.74 bln) was deposited in Georgian banks in January 2020, making for a 0.83 per cent month-on-month increase, show the latest data by the National Bank of Georgia (NBG).

In the same time period, Georgian banks lent 31.92 billion GEL ($11.42 bln/€10.54 bln), which was 0.01 per cent decrease compared to the previous month.

In January, the sum of term deposits increased by 696.02 million GEL ($229.80 mln/€249.02 mln), while demand deposits, which allow for flexible withdrawal, decreased by 479.22 million GEL ($171.46 mln/€158.22 mln).

Loans taken out in Georgian lari increased by 10.45 million GEL ($3.74 mln/€3.45 mln), while loans denominated in foreign currencies decreased by 13.46 million GEL ($4.82 mln/€4.44 mln) month-on-month.

December 2019: 26 bln GEL deposited, 32 bln GEL lent

27 Jan 2020

In December 2019, 26.26 billion GEL ($9.07 bln/€8.23 bln) was deposited in Georgian commercial banks, which is a 0.08 per cent month-on-month decrease, show the latest data by the National Bank of Georgia.

November 2019: 26 bln GEL deposited, 31 bln GEL lent

25 Dec 2019

In November 2019, 26.28 billion GEL ($9.16 bln/8.28 bln) was deposited in Georgian commercial banks, which is a 0.14 per cent month-on-month decrease, show the latest data by the National Bank of Georgia.

October 2019: 26 billion GEL deposited, 31 billion GEL lent

25 Nov 2019

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).

September 2019: 25.62 billion GEL deposited, 30.12 billion GEL lent

25 Oct 2019

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).

Feb 2020: 26.52 billion GEL deposited, 31.63 billion GEL lent

25 Mar 2020

Commercial banks in Georgia lent 31.63 billion GEL (about $9.69b/€8.96b) and received deposits of 26.52 billion GEL (about $8.12b/€7.51b) in February 2020, show the latest data by the National Bank of Georgia (NBG).

March 2020: amount of deposits increased by 8.89%, loans up by 10.64%

27 Apr 2020

Commercial banks in Georgia lent 34.99 billion GEL (about $10.90b/€10.05b) and received deposits of 28.88 billion GEL (about $9b/€8.30b) in March 2020, show the latest data by the National Bank of Georgia (NBG).

People saving less, borrowing less because of coronavirus in Georgia

27 May 2020

Following the spread of coronavirus, credit activity has slowed significantly in Georgia and this year credit portfolio growth will shrink between 0 and 5%, announces the National Bank of Georgia.

May 2020: amount of deposits increased by 2.31 %, loans down by 0.07%

25 Jun 2020

Commercial banks in Georgia lent 34.18 billion GEL and received deposits of 28.22 billion GEL in May 2020, show the latest data by the National Bank of Georgia (NBG). The amount of deposits increased by 2.31 per cent month-on-month, while loans decreased by 0.07 per cent.

June 2020: amount of deposits increased by 1.95%, loans down by 1.12%

27 Jul 2020

Commercial banks in Georgia lent 33.80 billion GEL and received deposits of 28.77 billion GEL in June 2020, show the latest data by the National Bank of Georgia (NBG).

Commercial banks net profit down 90% in 2020

21 Jan 2021

The net profit of Georgian commercial banks amounted to 99.26 mln GEL in 2020 which is 89.6 per cent decrease compared to last year when net profit amounted to 953.63 million GEL, show data from the National Bank of Georgia.

Jan 2021: 34.6 bln GEL deposited, 38.2 bln GEL lent

25 Jan 2021

Commercial banks in Georgia lent 38.2 billion GEL and received deposits of 34.6 billion GEL in January 2021, show the latest data by the National Bank of Georgia (NBG).

February 2021: 36.02 bln GEL deposited, 38.43 bln GEL lent

25 Mar 2021

Commercial banks in Georgia lent 38.43 billion GEL and received deposits of 36.02 billion GEL in February 2021, show the latest data by the National Bank of Georgia (NBG). The amount of deposits increased by 3.28% month-on-month, while loans also increased by 0.68%.

2020 data: 193 pawn shops issued loans worth 322.8 million GEL in Georgia

29 Mar 2021

There were 193 pawn shops (without branches) operating last year in Georgia of which 46.1% were located in the capital city of Tbilisi, says the National Statistics Office of Georgia (Geostat). The volume of cash assets in pawnshops at the end of 2020 equalled 14.3 million GEL, of which 83.6% was in national currency and 16.4% in foreign currency.