TBILISI (Realist English). Total deposits in Georgia’s banking system reached ₾60.7 billion at the end of June 2025, marking a monthly increase of ₾1.8 billion or 3.1%, according to official data published by the National Bank of Georgia (NBG).
Excluding exchange rate effects, deposits rose 3% month-on-month and 11.57% year-on-year. The growth was primarily driven by demand deposits, which surged by ₾1.5 billion—more than 5% in nominal terms and 4.76% in real terms. Time deposits also increased, adding ₾320.3 million, or approximately 1.1% in real terms.
The lari-denominated share of total deposits—the so-called larization ratio—climbed to 50.3% in June, up 1.1 percentage points from May (or 1.17 points adjusted for exchange rate movements), reaching its highest level this year.
The average annual interest rate on term deposits in June stood at 6.85%, down slightly from 6.9% in May. However, a divergence was observed between currencies: the rate for deposits in Georgian lari rose to 9.5% from 9.4%, while the rate for foreign currency deposits dropped from 2.7% to 2.4%.
The US dollar continued to dominate the structure of foreign currency deposits, accounting for 78.95%, followed by the euro with a 19.37% share.
