Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

25 November, 2014

As of November 1 2014, the banking sector in Georgia is represented by 21 commercial banks, including 17 foreign-controlled banks and two branches of non-resident banks. Compared with the previous month, the total assets of Georgian commercial banks decreased (in current prices) by 176.2 million GEL (or by 0.9 percent) and constituted 18.9 billion GEL. The banking sector's own funds (equity capital) equal 3.4 billion GEL, which makes up 18.1 percent of the commercial banks' total assets.

The share of foreign capital in banks' total paid-in capital constituted 76.1 percent.

In October 2014, the banking sector finished with a net profit of 55.9 million GEL.

The five banks with the largest assets constituted 75.4 percent of the total share of assets in the banking sector.



 

Current statistical information is published on the NBG's website: https://www.nbg.gov.ge/uploads/depozitaricorporeisheniinglisurad/assets__liabilities_of_commercial_banks_totaleng.xls