OREANDA-NEWS. As of September 1, 2016, the banking sector in Georgia is represented by 19 commercial banks, including 17 foreign-controlled banks and one branch of non-resident banks. In August 2016, compared to the previous month, the total assets of Georgian commercial banks decreased (in current prices) by 1.0 billion GEL (or by 3.8 percent) and constituted 25.7 billion GEL (exchange rate effect excluded above mentioned indicator decreased by 2.6 percent).

The banking sector's own funds (equity capital) equal 3.8 billion GEL, which makes up 14.9 percent of the commercial banks' total assets.