Banking
Posted: 5 years ago

Total Assets of Commercial Banks Rose by 1.3 billion GEL in July

Total assets of Georgia-based commercial banks in July rose by 1.3 billion GEL, as compared to June, and the figure amounted to 44.3 billion GEL as of August 1, 2019.

As of August 1, 2019, the Georgian banking sector is represented by 15 commercial banks, including 14 ones with foreign capital in the authorized capital.

The banking sector’s own funds amount to 5.3 billion GEL, that is 12% of total assets of commercial banks.