The assessment of the National Bank of Georgia indicates that the capital inflows from Russia over the past two years may be of a temporary and unstable nature. Therefore, these deposits must be reflected differently in the financial indicators of banks.

In line with this, the National Bank of Georgia has raised the liquidity requirement for such deposits.

“The Financial Stability Committee has resolved to increase the liquidity requirement for deposits in foreign currency made by Russian residents to 80%. Previously, this rate stood at 30-40%. The new changes will take effect from September 1,” - the NBG stated.