Large amount of foreign capital in Georgian banks
By Messenger Staff
Monday, May 14Foreign capital in Georgian banks is currently more than 77%. Most of the deposit accounts in Georgia are in dollars – more than 75% - while Euro deposits are nearly 20% of the total.
The aggregated assets of Georgian banks, as of April 1, are approximately $7.7 billion USD. This is 17% higher than the same period last year. In March, profits reached $11 billion.