The total volume of  non-bank deposits in the country's banking sector increased by 1.1 percent, or 94.5 million GEL, compared with September 1, 2013, and exceeded 8.9 billion GEL by October 1, 2013. In September 2013, the volume of demand deposits increased by 72.9 million GEL (1.8 percent) and term deposits by 21.6 million GEL (0.4 percent) compared to the previous month.

The dollarization ratio of total non-bank deposits constituted 60.41 percent by October 1, 2013; decreasing by 0.34 percentage points compared to September 1, 2013.

The annual average weighted interest rate on term deposits constituted 6.1 percent. In particular, the interest rate for national currency denominated deposits was 8.3 percent and the interest rate for foreign currency denominated deposits 5.3 percent.

The share of the US dollar in the total volume of foreign currency denominated deposits equals 80.4 percent and the share of the euro equals 17.1 percent.

 

Current statistical information is published on the NBG's website
http://www.nbg.gov.ge/index.php?m=306&lng=eng