National Bank of Georgia shares data on liabilities to non-residents…

(MENAFN – Trends News Agency)

BAKU, Azerbaijan, January 16

By Maryana Akhmedova – Trending:

Central Bank of Georgia liabilities to non-residents from January to December 2021 amounted to 29.8 million Georgian lari ($9.6 million), an increase of 71.2%, compared to 17, 4 million Georgian lari ($5.6 million) over the same period of 2020, Trend reports via National Bank of Georgia (NBG) statistical data.

Of the total Central Bank liabilities to non-residents, the use of Fund credits and loans amounted to 17.3 million Georgian lari ($5.5 million) in 2021, an increase 78.3%, compared to 9.7 million Georgian lari ($3.1 million) in 2020.

Meanwhile, Special Drawing Rights (SDR) allocations amounted to 12.3 million Georgian lari ($3.9 million) in 2021, an increase of 64%, compared to 7.5 million Georgian lari ( $2.4 million) in 2020.

Financial derivatives accounted for 46,257 Georgian lari ($14,969) of the Central Bank’s total liabilities to nonresidents, down 45.9% from 85,561 Georgian lari ($27,689) in 2020.

Deposits amounted to 92,980 Georgian lari ($30,090) in 2021, an increase of 126.7%, compared to 41,000 Georgian lari ($13,268) in 2020.

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