Georgia

billion USD of

GDP

BB-

Fitch rating

Medium safety

$1,500

of per-bank

Deposit Guarantee

million of

Population

2.19%

percent of

Inflation

/ 190

index points of

Doing Business

Financial indicators

billion USD of

GDP

BB-

Fitch rating

Medium safety

$1,500

of per-bank

Deposit Guarantee

million of

Population

2.19%

percent of

Inflation

/ 190

index points of

Doing Business
Georgia

Financial sector


Banking is one of the fastest growing sectors in the Georgian economy. The banking sector is well-regulated and capitalized despite regional and global challenges faced in many neighboring countries. As of January 1, 2017, 16 commercial banks, including 14 foreign-controlled banks made up the banking sector in Georgia. In January 2017, the total assets of Georgian commercial banks totaled Georgian lari (GEL) 30.1 billion (around USD 13 billion). In the beginning of 2017, there were up to 69 microfinance organizations operating in Georgia, with total assets of around USD 870 million, making small credit available to businesses. The International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), the U.S. Overseas Private Investment Corporation (OPIC), the Millennium Challenge Corporation (MCC), the Asian Development Bank (ABD) and other international development agencies have a variety of lending programs that make credit available to large and small businesses in Georgia.

Deposit Guarantee Scheme is covered by Deposit Insurance Agency up to $1,500 per depositor per bank. Learn more
Georgia flag

Supported banks

Using our service you can become a client of the following banks from Georgia:

We also support different countries. You can check them here.