AS OF JANUARY 1, GEORGIA’S RATIO OF DEPOSITS TO GDP INCREASED BY 1 PP Y-O-Y, RATIO OF LOANS TO GDP – BY 2.7 PP

As of January 1, ratio of deposits in Georgian banks to GDP of the country made up 64%, the National Bank of Georgia (NBG) reported.

A year ago (i.e. as of January 1, 2024), the ratio made up 63% (respectively, the year-on-year growth made up 1 percentage point (pp)).