Total volume of deposits in the country’s banking sector (including term deposits and current accounts of non-financial and households sectors, including payable interest) increased by 1.8 percent or 62.2 million GEL compared to the previous month and exceeded 3.6 billion GEL by April 1, 2010. In March, the volume of current accounts of non-financial and households sectors and the volume of term deposits increased by 8.6 million GEL or 0.7 percent and 57.6 million GEL or 2.6 percent, respectively.

The larization ratio of deposits increased by 1.5 percentage points compared to the figure for March 1, 2010 and amounted to 28.7 percent by April 1, 2010. In March the annual average weighted interest rate for all deposits amounted to 9.0 percent, in particular, the interest rate for national currency denominated deposits was 10.7 percent and the interest rate for foreign currency denominated deposits was 8.8 percent.

The share of US dollar in the total volume of foreign currency denominated deposits equals to 76.5 percent and the share of Euro equals to 22.3 percent.

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