Commercial banks’ assets down GEL 427.12 million in November

Commercial banks’ assets down GEL 427.12 million in November

access_time2020-11-25 12:39:42


 

In October 2020, the total assets of Georgian commercial banks (in current prices) decreased by GEL 427.12 million, (or by 0.79 per cent) and amounted to GEL 53.92 billion (exchange rate effect excluded above-mentioned indicator increased by 0.61 per cent) compared to the previous month.



The banking sector’s equity capital equals GEL 5.63 Billion that is 10.44 per cent of the commercial banks’ total assets.


As of November 2020, Georgia’s banking sector is represented by 15 commercial banks, including 14 – foreign-controlled banks, reports National Bank of Georgia (NBG).


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