Main Indicators of Commercial Banks’ Activity in 2010

Main Indicators of Commercial Banks’ Activity in 2010

31 January, 2011

During the past year, total assets of Georgian commercial banks (in current prices) increased by 2271.7 million GEL (by 27.4 percent) and constituted 10564.2 million GEL in the beginning of 2011. Share of foreign exchange assets in the banks’ total net assets decreased from 63.7 to 62.1 percent, while the share of foreign exchange liabilities in the total liabilities decreased from 78.0 to 73.6 percent.

The share of foreign capital in banks’ total paid-in capital equals to 80.7 percent.

The banking sector finished 2010 with profit: net profit year-to-date constituted 156.3 million GEL.

In the past year, concentration ratio of the banking sector assets did not changed. The share of five banks having the largest assets within the total amount of the banking sector assets remained at 80.1 percent.

Return on assets (ROA) in the banking sector constituted 1.7 percent, while the return on equity (ROE) constituted 9.6 percent in 2010 (instead -0.8 and -4.3 percent, respectively, compared to the 2009).

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