Summary
The numbers
2 sourced
8.25%
National Bank of Georgia·9 Sept 2026
2.60
National Bank of Georgia·6 Oct 2026
What to know
The banking system is concentrated, well capitalised and supervised by the National Bank on standards aligned with Basel. The two largest banks are listed in London and publish quarterly, which gives an investor more visibility than in most markets of this size.
Dollarisation is falling but still real: a large share of loans and deposits are in foreign currency, and the National Bank uses the policy rate and reserve requirements to push the economy towards the lari. For an investor that means lari assets pay more and carry FX risk, and dollar assets pay less and carry regulatory nudges.
We cover the sector as intelligence until we have checked a partner. If you are looking at a specific instrument or institution, tell us and we will say what we know.
Introductions
Intelligence only, for now
- Intelligence only for now.
- Tell us what you are looking at and we will say what we know and when introductions open.
FAQ
Questions investors ask us
Can a foreigner buy Georgian government bonds?
Yes, through a local broker or bank account; lari bonds pay more than dollar bonds and carry the currency risk.
Are deposits safe?
Deposits are insured by the Deposit Insurance Agency up to its published limit per depositor per bank; above that you are relying on the bank's capital, which is published quarterly for the large banks.
When will you introduce partners?
When we have checked one. Circle members hear first. Banks for non-resident onboarding are being scored in the rankings now.
Sources
2, all dated
Sources
- National Bank of Georgia, Sep 2026
- Deposit Insurance Agency of Georgia, coverage