In February 2026, Georgia’s banking sector deposits grew by GEL 1.03 billion, reaching GEL 67.9 billion, marking a 1.54% increase month-on-month. Excluding exchange rate effects, the growth was slightly higher at 1.92%, according to the National Bank of Georgia’s statistics for early March.
The share of deposits in Georgian lari reached 54%, reflecting an improvement in lariization by 1.41 percentage points compared to the previous month. Over the past year, deposit growth, excluding exchange rate effects, totaled 18.46%.
Term deposits increased by GEL 1.22 billion (3.85%), or 4.13% excluding exchange rate effects, while demand deposits declined by GEL 190.36 million (0.54%), or 0.09% excluding exchange rate effects. By the end of February, the lariization coefficient of deposits stood at 54.03%.
The weighted average annual interest rate on term deposits in February was 7.17%, with lari deposits yielding 9.14% and foreign currency deposits 2.35%, according to the National Bank.
