Current Tendencies of Bank Deposits
Total volume of the non-bank deposits in the country's banking sector increased by 0.01 percent or 0.6 million GEL compared with the November 1, 2012, and constituted 7.4 billion GEL by December 1, 2012. In November, 2012, compared to the previous month, the volume of demand deposits decreased by 50.9 million GEL (1.6 percent) and term deposits increased by 51.5 million GEL (1.2 percent).
The dollarization ratio of the total non-bank deposits constituted 65.86 percent by December 1, 2012. It increased by 0.87 percentage points compared to November 1, 2012.
The annual average weighted interest rate on term deposits constituted 8.2 percent. In particular, the interest rate for national currency denominated deposits was 9.1 percent and the interest rate for foreign currency denominated deposits 8.0 percent.
The share of US dollar in the total volume of foreign currency denominated deposits equals to 78.6 percent and the share of Euro equals to 18.4 percent.
Current statistical information is published on the NBG's website http://www.nbg.gov.ge/index.php?m=306&lng=eng