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National Bank Bought 19.75 Million USD in April

National Bank Bought 19.75 Million USD in April

Net currency sales of National Bank of Georgia (NBG) made up 30.5 million USD. As a result, foreign assets have declined by 10.75 million USD.

NBG has purchased 19.75 million USD through currency auctions. Government deposits shrank by 132.5 million GEL to 1.178 million GEL. In the reporting period placement of deposit certificates made up 20 million GEL.

Balance of loans issued to commercial banks through refinancing instruments rose by 20 million GEL to 1.200 million GEL. Balance of loans issued under Larization program and with the support of microfinance organizations rose by 12.1 million GEL to 243.4 million GEL.