Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

25 February, 2013

As February 1, 2013, the banking sector in Georgia is represented by 20 commercial banks, including 15 foreign-controlled banks and three branches of non-resident banks. Compared with the previous month, total assets of Georgian commercial banks (in current prices) decreased by 193.2 million GEL (by 1.3 percent) and constituted 14.2 billion GEL. The banking sector's own funds (equity capital) equal to 2.5 billion GEL, which makes up 17.4 percent of commercial banks' total assets.

The share of foreign capital in banks' total paid-in capital constituted 77.5 percent.

In January 2013, the banking sector finished with profit. The net profit constituted 13.0 million GEL.

The share of five banks having the largest assets within the total amount of the banking sector assets constituted 80.8 percent.

 

Current statistical information is published on the NBG's website
http://www.nbg.gov.ge/index.php?m=306&lng=eng