Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

31 December, 2009

As of December 1, 2009, the banking sector in Georgia is represented by 19 commercial banks, including 13 foreign-controlled banks and 2 branches of non-resident banks. Compared to the previous month total assets of Georgian commercial banks (in current prices) decreased by 87.1 million GEL (by 1.1 percent) and constituted 7964.9 million GEL. The banking sector’s own funds (equity capital) equal to 1512.1 million GEL, which makes up 19.0 percent of commercial banks’ total assets.

The share of foreign capital in banks’ total paid-in capital equals to 79.5 percent.

The share of five banks having the largest assets within the total amount of the banking sector assets decreased by 0.9 percentage points compared to the previous month and constituted 78.4 percent.

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