The total volume of deposits in Georgian commercial banks reached ₾58.47 billion at the end of March 2025, an increase of 0.81%, or ₾468 million, compared to the previous month, according to financial statements released by the National Bank of Georgia (NBG). Year-on-year, deposit volumes rose by 11.27%.
In March, term deposits increased by ₾67.78 million, or 0.25% (0.93% when adjusted for exchange rate effects), while demand deposits rose by ₾400.11 million, or 1.29% (1.92% excluding exchange rate effects).
The larization ratio—the share of deposits denominated in Georgian lari—stood at 47.23% at the end of March, up 0.35 percentage points from the previous month.
The average annual weighted market interest rate on term deposits in March was 6.84%, including:
9.84% for deposits in the national currency (lari)
2.56% for deposits in foreign currencies
Among foreign currency deposits, the U.S. dollar accounted for 79.65%, while the euro represented 18.91%, according to the NBG.
The continued growth in deposits reflects both strengthening consumer confidence and the relative stability of the Georgian banking sector.