Current Tendencies of Bank Deposits
The total volume of non-bank deposits in the
country's banking sector increased by 6.3 percent (exchange rate effect
excluded volume of deposits increased by 0.3 percent), or by 849.5 million GEL,
compared to June 1, 2016 and constituted 14.3 billion GEL by July 1, 2016. In June,
the volume of term deposits increased by 475.9 million GEL (6.3 percent;
exchange rate effect excluded volume of term deposits decreased by 0.6 percent).
Demand deposits increased by 373.6 million GEL (6.2 percent;
exchange rate effect excluded volume of demand deposits increased by 1.5 percent).
The larization ratio of total non-bank deposits
constituted 32.75 percent by July 1, 2016; It decreased by 0.32 percentage
point (or increased by 1.63 percentage point exchange rate effect excluded)
compared to June 1, 2016.
The annual average weighted interest rate on term
deposits constituted 4.8 percent. In particular, the interest rate for national
currency denominated deposits was 8.4 percent and the interest rate for foreign
currency denominated deposits 3.3 percent.
The share of the US dollar in the total volume of
foreign currency denominated deposits equals 82.6 percent and the share of the Euro
equals 14.6 percent.
Current statistical
information is published on the NBG's website:
https://www.nbg.gov.ge/index.php?m=304;
https://www.nbg.gov.ge/uploads/depozitaricorporeisheniinglisurad/assets liabilities_of_commercial_banks_totaleng.xls;
https://www.nbg.gov.ge/uploads/depozitaricorporeisheniinglisurad/money_aggregates_and_monetary_ratioseng.xls