The National Bank of Georgia (NBG) has released its latest report on resident commercial bank deposits for September 2025, showing continued growth in the sector.

According to the data, the total volume of deposits—excluding interbank deposits—rose by 4.09% (₂.58 billion GEL) compared to the end of August, reaching 65.56 billion GEL. Adjusted for exchange rate effects, the increase stood at 3.78%, while the year-on-year growth rate (excluding exchange rate effects) was 13.65%.

Both term and demand deposits expanded during the month.

Term deposits grew by 1.18 billion GEL (+4.00%, or +3.74% excluding exchange rate effects).

Demand deposits increased by 1.40 billion GEL (+4.17%, or +3.82% excluding exchange rate effects).

The larization ratio—the share of deposits held in the national currency—rose to 50.76%, up by 0.48 percentage points from August (or 0.63 percentage points excluding exchange rate effects).

In terms of returns, the average market interest rate on term deposits stood at 6.94%. Deposits denominated in the Georgian lari (GEL) carried an average rate of 9.25%, while those in foreign currencies averaged 2.66%.

Among foreign currency deposits, the US dollar continued to dominate with a 79.73% share, followed by the Euro at 18.57%.