As of May 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) decreased by 11.3 percent and constituted 7861.7 million GEL. The banking sector’s own funds (equity capital) equal to 1540.1 million GEL, which makes up 19.6 percent of commercial banks’ total assets.

Compared to the beginning of the year, the number of foreign-controlled banks did not change 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 79.3 percent at the beginning of the year to 78.4 percent.

 

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