NEWS

July bank statistics show $18 bln loaned, deposited

Loans taken out in the national currency amounted to ₾7.50 billion ($2.8 bln), while loans in foreign currencies constituted ₾13.48 billion ($5.1 bln). Photo: Nino Alavidze/Agenda.ge

Agenda.ge, 25 Aug 2023 - 20:04, Tbilisi,Georgia

Commercial banks in Georgia loaned ₾47.79 billion ($18.138 bln) and received deposits of ₾47.78 billion ($18.134 bln) in July, the latest data from the National Bank of Georgia shows.

The volume of loans increased by 0.98 percent compared to the previous month, while the number of deposits increased by 2.11 percent month-on-month.

In July, the volume of term deposits increased by 2.44 percent while also increasing for on-demand deposits by 1.91 percent, the NBG also said.

Loans taken out in the national currency amounted to ₾7.50 billion ($2.8 bln), while loans in foreign currencies constituted ₾13.48 billion ($5.1 bln).

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02 Aug 2023

The National Bank of Georgia on Wednesday decreased the refinancing rate by 0.25 percentage points to 10.25 percent after monitoring developments in the domestic economy and financial markets.

June bank statistics show $18.244 bln loaned, $18.036 deposited

26 Jul 2023

Commercial banks in Georgia loaned ₾47.33 billion ($18.244 bln) and received deposits of ₾46.79 billion ($18.036 bln) in June, the latest data from the National Bank of Georgia shows.

Georgian PM, Economic Council review current and future projects, economic growth

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Georgian economy grows 7.3% between January-April

31 May 2023

The Georgian economy grew 7.5 percent in April and 7.3 percent in the first four months of 2023, data published by the National Statistics Office of Georgia on Wednesday shows.

August bank statistics show $17 bln loaned, deposited

25 Sep 2023

Commercial banks in Georgia loaned ₾48.02 billion ($17,855 bln) and received deposits of ₾48.06 billion ($17,870 bln) in August, the latest data from the National Bank of Georgia shows.