Non-bank deposits (current accounts and term deposits) in the country's banking sector constituted 3.2 billion GEL by January 1, 2009, which is 12.5 percent more than the comparable figure for the beginning of 2008. During this period the volume of foreign currency denominated deposits grew by 30.1 percent, while the volume of national currency denominated deposits decreased by 21.0 percent.

The dollarization coefficient of deposits increased by 10.5 percentage points compared to the beginning of 2008 and amounted to 75.8 percent by January 1, 2009.

During the past year the interest rate for national currency denominated deposits was higher than for foreign currency denominated deposits. While the average weighted interest rate for the mentioned period for all deposits was 9.5 percent, the interest rate for national currency denominated deposits was 11.2 percent and the interest rate for foreign currency denominated deposits was 8.8 percent.

The currency structure of the foreign currency denominated deposits changed in favor of Euro. In particular, while in the beginning of 2008 the share of US dollar in the total volume of foreign currency denominated deposits equaled to 80.6 percent and the share of Euro equaled to 18.6 percent, by January 1, 2009 the share of US dollar decreased to 74.8 percent and the share of Euro increased to 24.8 percent.

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