Commercial banks operating in Georgia have reported deposit statistics for February 2025 to the National Bank of Georgia, revealing a decrease of GEL 978 million in the country’s deposit portfolio, which now totals GEL 57.8 billion.

The decline is observed across both national currency and foreign currency deposits. Foreign currency deposits saw a drop of GEL 677 million, amounting to GEL 30.78 billion. This decrease is attributed to the strengthening of the Georgian Lari (GEL) against the US Dollar during the period.

National currency (GEL) deposits also experienced a reduction, with a decrease of GEL 302 million, bringing the total GEL deposit portfolio to GEL 27.19 billion.

In terms of deposit "larization," which refers to the share of deposits in GEL, the figure reached 46.9% in February, reflecting a 0.27 percentage point increase compared to January.