AS OF APRIL 1, GEORGIA’S RATIO OF DEPOSITS TO GDP INCREASED BY 5.5 PP Y-O-Y, OF LOANS – BY 6 PP

As of April 1, Georgia’s ratio of banking deposits to GDP made up 63.1%, National Bank of Georgia (NBG) reported. A year ago (i.e. as of April 1, 2023), the ratio made up 57.6% (respectively, it has increased this year by 5.5 percentage points (pp) year-on-year).