Current Tendencies of Bank Deposits

Current Tendencies of Bank Deposits

25 May, 2015

The total volume of non-bank deposits in the country's banking sector increased by 3.1 percent, or by 395.5 million GEL, compared to April 1, 2015 and reached 13.0 billion GEL by May 1, 2015. However, as a result of operations (exchange rate effect excluded) the above mentioned indicator increased by 0.9 percentage point and the exchange rate changes caused its increase by additional 2.2 percentage point. In April 2015, the volume of time deposits increased by 245.1 million GEL (or by 3.3 percent). Operations caused its increase by 0.7 percentage point and exchange rate changes caused its increase by 2.6 percentage point. Demand deposits increased by 150.4 million GEL (3.0 percent). Contribution of exchange rate changes in the growth rate was 1.7 percentage point and contribution of operations was 1.3 percentage point.  

The larization ratio of total non-bank deposits constituted 33.75 percent by May 1, 2015; The larization ratio increased by 0.07 percentage point compared to April 1, 2015, excluding the effect of exchange rate.

The annual average weighted interest rate on time deposits constituted 5.2 percent. In particular, the interest rate for national currency denominated deposits was 8.3 percent and the interest rate for foreign currency denominated deposits 4.1 percent.

The share of the US dollar in the total volume of foreign currency denominated deposits equals 81.7 percent and the share of the euro equals 15.3 percent.


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