The total volume of deposits (excluding interbank deposits) in the country′ s banking sector soared by 0.24% or by 140.41 milion GEL (exchange rate effect excluded volume of deposits increased by 0.61%), compared to the end of April 2025 and totaled 58.92 billion GEL by the end of May 2025, - according to the NBG. The YoY growth rate of deposits, excluding exchange rate effect, was 11.94%.
In May, the volume of term deposits increased by 811.40 milion GEL (by 2.94%; exchange rate effect excluded volume of term deposits increased by 3.27%). Demand deposits decreased by 670.99 milion GEL (by 2.15%; exchange rate effect excluded volume of demand deposits indecreased by 1.75%).
The larization ratio of total non-bank deposits constituted 49.24% by the end of May 2025 and increased by 1.40 percentage point (exchange rate effect excluded increased by 1.22 percentage point) compared to the end of April 2025.The market interest rate on term deposits constituted 6.90%. In particular, the market interest rate for national currency denominated deposits was 9.41% and the market interest rate for foreign currency denominated deposits was 2.74%.
The share of the US dollar in the total volume of foreign currency denominated deposits equals 79.08% and the share of the Euro equals 18.94%.
