Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

25 November, 2015

As of November 1, 2015, the banking sector in Georgia is represented by 19 commercial banks, including 17 foreign-controlled banks and one branch of non-resident banks. Compared to the previous month, the total assets of Georgian commercial banks decreased (in current prices) by 0.4 billion GEL (or by 1.6 percent) and constituted 24.4 billion GEL (exchange rate effect excluded above mentioned indicator decreased by 2.0 percent). The banking sector's own funds (equity capital) equal 3.4 billion GEL, which makes up 13.8 percent of the commercial banks' total assets.

The share of foreign capital in banks' total paid-in capital constituted 79.7 percent.

In October 2015, the banking sector finished with a net profit of 22.2 million GEL.

The five banks with the largest assets constituted 78.5 percent of the banking sector's 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