The FINANCIAL -- As of September 1, 2009, the banking sector in Georgia is represented by 19 commercial banks, including 14 foreign-controlled banks and 2 branches of non-resident banks.

"Compared to the previous month total assets of Georgian commercial banks (in current prices) increased by 102.3 million GEL (by 1.3 percent) and constituted 7878.3 million GEL. The banking sector’s own funds (equity capital) equal to 1495.1 million GEL, which makes up 19.0 percent of commercial banks’ total assets," NBG informs.

The share of foreign capital in banks’ total paid-in capital equals to 79.4 percent.

The share of five banks having the largest assets within the total amount of the banking sector assets increased by 0.3 percentage points compared to the previous month and reached 79.7 percent.

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