Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

27 June, 2016

As of June 1, 2016, the banking sector in Georgia is represented by 19 commercial banks, including 17 foreign-controlled banks and one branch of non-resident banks. In May 2016, compared to the previous month, the total assets of Georgian commercial banks decreased (in current prices) by 1.4 billion GEL (or by 5.6 percent) and constituted 23.2 billion GEL (exchange rate effect excluded above mentioned indicator decreased by 3.4 percent). 


The banking sector’s own funds (equity capital) equal 3.6 billion GEL, which makes up 15.7 percent of the commercial banks’ total assets.


 


Current statistical information is published on the NBG’s website:

https://www.nbg.gov.ge/uploads/depozitaricorporeisheniinglisurad/
assets__liabilities_of_commercial_banks_totaleng.xls