Bank equity as a share of bank assets reached 12.9 % in 2018 in Georgia, according to the National Central Bank. This is 0.889 % more than in the previous year.
Historically, bank equity as a share of bank assets in Georgia reached an all time high of 36.4 % in 1999 and an all time low of 12.8 % in 2017. When compared to Georgia's main peers, bank equity as a share of bank assets in Armenia amounted to 15.0 %, 9.97 % in Russia and 10.8 % in Turkey in 2018.
Georgia has been ranked 29th within the group of 118 countries we follow in terms of bank equity as a share of bank assets, 20 places behind the position seen 10 years ago.
Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.