Tbilisi (GBC) - Banks' assets have increased towards GDP. The ratio is 105.7%, as of December. The deposit ratio has also increased by 0.5% compared to previous months. The ratio of deposits to GDP is 66.8%, loans - increased to 69%, by 0.6 percentage points 

Since the beginning of the year, there has been an increase in both deposits and loans (01.01.2024 - 63%; 65.6%), which is due to the increase in economic productivity.

According to the 11-month report of the sector, banks' assets amount to 93.8 billion GEL. Total loans are up to GEL 61.7 billion GEL, and deposits are up to GEL 57.9 billion.

The National Bank of Georgia uses the GDP data for the last 4 quarters (89.1 billion) when determining the coefficient.

 

Deposits

Assets

Loans

01-11-2024

66,8

105.7

69.0

2023

63,2

99.5

65,5

2022

60,7

96.5

61,5

2021

61,4

99,7

70.8

2020

70,3

115,2

77,2

 

Source: NBG