Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

29 June, 2012

As June 1, 2012, the banking sector in Georgia is represented by 19 commercial banks, including 16 foreign-controlled banks and two branches of non-resident banks. Compared with the previous month, total assets of Georgian commercial banks (in current prices) increased by 365.1 billion GEL (by 2.9 percent) and constituted 12.9 billion GEL. The banking sector's own funds (equity capital) equal to 2.4 billion GEL, which makes up 18.3 percent of commercial banks' total assets.

The share of foreign capital in banks' total paid-in capital constituted to 77.4 percent.

In May 2012, the banking sector finished with profit. The net profit constituted 19.0 million GEL.

The share of five banks having the largest assets within the total amount of the banking sector assets constituted 81.2 percent.

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