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.
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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.
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.
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.
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).
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).
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).
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).
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.
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.
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).
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.
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).
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%.
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.