As January 1, 2011, the banking sector in Georgia is represented by 19 commercial banks, including 14 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 419.1 million GEL (by 4.1 percent) and constituted 10564.2 million GEL. The banking sector’s own funds (equity capital) equal to 1787.6 million GEL, which makes up 16.9 percent of commercial banks’ total assets.

The share of foreign capital in banks’ total paid-in capital equals to 80.7 percent.

The banking sector finished 2010 with profit: net profit year-to-date constituted 156.3  million GEL.

The share of five banks having the largest assets within the total amount of the banking sector assets increased by 1.0 percentage points compared to the previous month and constituted 78.1  percent.

Current statistical information is published on the statistics page of the NBG’s website.