Banking
Posted:
5 years ago
Commercial banks’ Assets Amounted to 40 Billion GEL
As of May 1, 2019, 14 commercial banks operate in Georgia, 14 of them with foreign capital participation.
In the reporting period, the total volume of assets of Georgian commercial banks increased by GEL 590 million and 1, 5% and amounted to GEL 40 billion.
The banks' own funds amount to GEL 5, 3 billion, which is 13, 1% of the total assets.
As of May 1, the volume of deposits in the banking system increased by 0, 1% and GEL 14, 1 million to GEL 23, 1 billion.