As of the end of October 2022, the banking sector in Georgia is represented by 14 commercial banks, including 13 - foreign-controlled banks. In October 2022, compared to the previous month, the total assets of Georgian commercial banks (in current prices) decreased by GEL 888.6 million, (or by 1.3%) and constituted GEL 67.2 billion (exchange rate effect excluded above mentioned indicator decreased by 0.3%).

The banking sector's equity capital equals GEL 8.9 billion, which makes up 13.2% of the commercial banks total assets.


Deposit Volume:

The total volume of non-bank deposits in the country′ s banking sector increased by 0.58% or by 243.46 million GEL (exchange rate effect excluded volume of deposits increased by 1.53%), compared to October 1, 2022 and constituted 42.31 billion GEL by November 1, 2022. In October, the volume of term deposits decreased by 243.06 million GEL (by 1.47%; exchange rate effect excluded volume of term deposits decreased by 0.60%). Demand deposits increased by 486.53 million GEL (by 1.90%; exchange rate effect excluded volume of demand deposits increased 2.91%).

The larization ratio of total non-bank deposits constituted 42.70% by November 1, 2022 and decreased by 0.29 percentage point (exchange rate effect excluded by 0.69 percentage point) compared to October 1, 2022.

Loan Volume:

The volume of loans issued by commercial banks (excluding interbank loans) in October 2022 increased by 17.42 million GEL or by 0.04% compared to the previous month (exchange rate effect excluded, increased by 0.55%) and constituted 43.24 billion GEL by November 1, 2022. The volume of loans in national currency increased by 261.19 million GEL (1.11%) and the volume of loans in foreign currency decreased by 243.77 million GEL or by 1.24% in the same period (exchange rate effect excluded, decreased by 0.12%).

Larization ratio for total loans constituted 55.17 percent by November 1, 2022 and increased by 0.58 percentage point (exchange rate effect excluded, increased by 0.30 percentage point), compared to October 1, 2022.