NBG: Banking sector deposits up by over half billion GEL in April compared to March

According to the National Bank of Georgia (NBG) report, the volume of deposits placed in the banking sector amounted to 70.03 billion GEL by the end of April 2026, which is 559.44 million GEL, or 0.81%, higher than the figure recorded at the end of the previous month.

The National Bank reports that the annual growth rate of deposits, excluding the exchange rate effect, stood at 20.03%. In April, compared to the previous month, time deposits increased by 179.52 million GEL, or 0.53%, while demand deposits grew by 379.92 million GEL, or 1.06%.
According to information from the National Bank of Georgia, the deposit larisation ratio stood at 53.40% by the end of April 2026. Compared to the end of the previous month, deposit larisation remained unchanged.

Furthermore, according to the National Bank data, the average annual weighted market interest rate on time deposits in April was 7.05%. This included 8.62% on deposits placed in the national currency, and 2.40% on deposits in foreign currency.

Among foreign currency deposits, the US dollar comprised 78.18%, while the euro made up 19.78%.