ECONOMY
25.08.23 17:30
The National Bank of Georgia (NBG) published information on current tendencies of resident commercial banks’ loan portfolio and deposits as of July 2023.
The total volume of non-bank deposits in the country′ s banking sector increased by 2.11% or by 989.47 million GEL (exchange rate effect excluded volume of deposits increased by 1.54%), compared to the end of June 2023 and constituted 47.78 billion GEL by the end of July 2023.
In July, the volume of term deposits increased by 436.54 million GEL (by 2.44%; exchange rate effect excluded volume of term deposits increased by 1.96%). Demand deposits increased by 552.93 million GEL (by 1.91%; exchange rate effect excluded volume of demand deposits increased by 1.28%).
The larization ratio of total non-bank deposits constituted 49.36% by the end of July 2023 and increased by 0.13 percentage point (exchange rate effect excluded by 0.41 percentage points) compared to the end of June 2023.
The market interest rate on term deposits constituted 8.14%. In particular, the market interest rate for national currency-denominated deposits was 10.79% and the market interest rate for foreign currency-denominated deposits was 1.51%.
The share of the US dollar in the total volume of foreign currency-denominated deposits equals 78.57% and the share of the Euro equals 19.45%.
https://1tv.ge/
Read: 208
Write comment
(In their comments, readers should avoid expressing religious, racial and national discrimination, not use offensive and derogatory expressions, as well as appeals that are contrary to the law)
News feed
-
SOCAR plans to expand its business in Bulgaria
18:0009.05.24
-
Strategy Agmashenebeli leader: We must stand together and support each other; ensure our victory
17:3009.05.24
-
Georgian FM: Georgia's future lies within EU, it has no alternative
17:0009.05.24
-
MP Akubardia: Neither UNM nor GD to be able to continue governing Georgia with single-party rule
16:2009.05.24
-
Shalva Papuashvili: I believe that Georgia will soon join the union formed by the unity of values
15:4409.05.24
-
Georgian PM congratulates WWII veterans on victory anniversary, pays tribute to victims
15:0009.05.24
-
Anna Fotyga: It is the best time to sanction Ivanishvili
14:1709.05.24
-
13:4009.05.24
-
Vakhtang Gomelauri: I don't like violence against anyone, either against oppositionists or citizens
13:0009.05.24
-
12:3009.05.24
-
Pawel Herczynski: Stay on the EU path! And rest assured we are by your side on this journey
12:0009.05.24
-
11:1909.05.24
-
Russian occupation forces illegally detain Georgian citizen, SSSG says
10:4609.05.24
-
79 years pass since victory over fascism in Second World War
10:0009.05.24
-
Georgian Defense Minister meets Romanian colleague
18:0808.05.24
-
Strategy Aghmashenebeli doubts so-called moral police, lists yield results
17:0808.05.24
-
EU Integration Committee Chair meets German State Secretary
16:3708.05.24
-
16:0008.05.24
-
EU ambassadors green light 30 million euro in non-lethal aid for Georgia
15:1508.05.24
-
14:3408.05.24
-
Wine Enthusiast: Saperavi - A Noble, World-Class Grape Variety
13:4008.05.24
-
12:3208.05.24
-
Shalva Papuashvili: the mistake of 2019 was repeated again
11:2408.05.24
-
10:1008.05.24
-
21:4507.05.24
-
18:0007.05.24
-
17:3707.05.24
-
17:0007.05.24
-
Aslan Bzhania dismisses Inal Ardzinba from the post of so-called minister of foreign affairs
16:3007.05.24
-
MEPs to Josep Borrell: Georgia’s candidate status should be suspended
15:4707.05.24
-
15:0007.05.24
-
14:1007.05.24
-
Rescuers found second missing in Enguri River, Svaneti
13:3307.05.24
-
12:5607.05.24
-
12:0007.05.24
-
11:1807.05.24