| National Bank of Georgia: Current Condition of Commercial Banks’ Assets |
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03/03/2010 15:35 (711 Day 02:41 minutes ago) | |||||
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The FINANCIAL -- As of February 1, 2009, the banking sector in Georgia is represented by 19 commercial banks, including 13 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 89.9 million GEL (by 1.1 percent) and constituted 8382.5 million GEL. The banking sector’s own funds (equity capital) equal to 1514.3 million GEL, which makes up 18.1 percent of commercial banks’ total assets," NBG informed.
The share of foreign capital in banks’ total paid-in capital equals to 80.6 percent.
The share of five banks having the largest assets within the total amount of the banking sector assets did not change compared to the previous month and constituted 78.1 percent.
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