Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

01 September, 2009

As of August 1, 2009, the banking sector in Georgia is represented by 20 commercial banks, including 15 foreign-controlled banks and 2 branches of non-resident banks. Compared to the previous month total assets of Georgian commercial banks (in current prices) increased by 46.2 million GEL (by 0.6 percent) and constituted 7776.1 million GEL. The banking sector’s own funds (equity capital) equal to 1529.7 million GEL, which makes up 19.7 percent of commercial banks’ total assets.

Compared to the previous month, the number of foreign-controlled banks did not change and their share in the banks’ total equity capital made up 86.2 percent.

The share of five banks having the largest assets within the total amount of the banking sector assets increased by 0.5 percentage points compared to the previous month and reached 79.4 percent.

 

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