Total volume of deposits in the country’s banking sector (including term deposits and current accounts of non-financial and households sectors, including payable interest) increased by 2.3 percent or 113.2 million GEL compared with the April 1, 2011, and exceeded 4.9 billion GEL by May 1, 2011. In April, compared to the previous month, the volume of transferable deposits of non-financial and households’ sectors increased by 49.2 million GEL (2.5 percent) and term deposits of same sectors increased by 62.0 million GEL (2.2 percent).

The dollarization ratio of deposits constituted 68.0 percent by May 1, 2011. Compared with the April 1, 2011 it decreased by 4.3 percentage points.

The annual average weighted interest rate on term deposits constituted 8.6 percent. In particular, the interest rate for national currency denominated deposits was 11.6 percent and the interest rate for foreign currency denominated deposits 8.1 percent.

The share of US dollar in the total volume of foreign currency denominated deposits equals to 72.7 percent and the share of Euro equals to 19.4 percent.

Current statistical information is published on the statistics page of the NBG’s website.