As of January 1, 2009, the banking sector in Georgia is represented by 20 commercial banks, including 15 foreign-controlled banks and 2 branches of non-resident banks. Compared to the beginning of the year total assets of Georgian commercial banks (in current prices) increased by 1657.5 million GEL (23.0 percent) and constituted 8865.6 million GEL.

Compared to the beginning of the year, the banking sector's own funds (equity capital) have grown by 46.2 million GEL (3.1 percent) to equal 1517.3 million GEL, which makes up 17.1 percent of commercial banks' net total assets. The growth of paid-in capital constituted 120.3 million GEL (26.5 percent). Compared to the beginning of the year, the number of foreign-controlled banks has increased from 12 to15 and their share in the banks' total equity capital made up 85.7 percent.

The share of five banks having the largest assets within the total amount of the banking sector assets decreased from 80.4 percent at the beginning of the year to 79.3 percent.