Home / Banking / Assets of Commercial Banks Rose by 20.3%
Banking

Assets of Commercial Banks Rose by 20.3%

Total assets of commercial banks marked 29.8 billion GEL as of April 1, 2017. Year on year growth marked 20.2% (24.727 billion GEL in Q1/2016).

According to NBG, bank sector’s own resources account for 4.3 billion GEL, 14.5% in total assets of commercial banks.

Georgian bank sector consists of 17 commercial banks, including 14 commercial banks are represented by  foreign capital.