Current Tendencies of Bank Deposits

Current Tendencies of Bank Deposits

27 July, 2015

The total volume of non-bank deposits in the country's banking sector decreased by 1.2 percent (exchange rate effect excluded volume of deposits increased by 0.6 percent), or by 148.0 million GEL, compared to June 1, 2015 and constituted 12.6 billion GEL by July 1, 2015. In June 2015, the volume of term deposits decreased by 193.0 million GEL (or by 2.5 percent). Demand deposits increased by 45.0 million GEL (0.9 percent; exchange rate effect excluded volume of demand deposits increased by 2.2 percent).

The larization ratio of total non-bank deposits constituted 34.92 percent by July 1, 2015; It increased by 0.78 percentage point (0.15 percentage point exchange rate effect excluded) compared to June 1, 2015.

The annual average weighted interest rate on time deposits constituted 5.2 percent. In particular, the interest rate for national currency denominated deposits was 7.7 percent and the interest rate for foreign currency denominated deposits 4.5 percent.

The share of the US dollar in the total volume of foreign currency denominated deposits equals 81.4 percent and the share of the euro equals 15.6 percent.



Current statistical information is published on the NBG's website:;;