Georgia sees bank deposits rise by $48.7 million in a month

The volume of deposits in Georgia’s banking sector reached 65.71 billion lari (about $24.3 billion) as of December 1, 2025, an increase of 131.5 million lari (approximately $48.7 million), or 0.2%, compared with the previous month.

According to Caliber.Az, citing Georgian media and data from the National Bank of Georgia, the monthly growth was driven primarily by term deposits. In November, term deposits rose by 224.67 million lari (around $83.1 million), or 0.72%, while demand deposits declined by 93.17 million lari (about $34.5 million), or 0.27%.

The level of deposit larisation increased to 52.09%, up 0.87 percentage points from 1 November, reflecting a stronger preference for savings in the national currency.

The weighted average market interest rate on term deposits stood at 6.82%, including 8.98% on lari-denominated deposits and 2.43% on foreign-currency deposits.

As of the end of November, 17 commercial banks were operating in Georgia, 13 of them with foreign capital participation.

By Vugar Khalilov