Total volume of the non-bank deposits in the country’s banking sector increased by 1.0 percent or 66.9 million GEL compared with the February 1, 2012, and exceeded 6.8 billion GEL by March 1, 2012. In February, 2012, compared to the previous month, the volume of demand deposits increased by 56.6 million GEL (1.7 percent) and term deposits increased by 10.3 million GEL (0.3 percent).

The dollarization ratio of the total non-bank deposits constituted 58.9 percent by March 1, 2012. It decreased by 0.1 percentage points compared to February 1, 2012.

The annual average weighted interest rate on term deposits constituted 9.2 percent. In particular, the interest rate for national currency denominated deposits was 12.2 percent and the interest rate for foreign currency denominated deposits 8.5 percent.

The share of US dollar in the total volume of foreign currency denominated deposits equals to 74.4 percent and the share of Euro equals to 21.2 percent.

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