Retail deposits reached 2.99 GEL bil in 2011 in Georgia, according to the National Central Bank. This is 19.1 % more than in the previous year.
Historically, retail deposits in Georgia reached an all time high of 2.99 GEL bil in 2011 and an all time low of 0.183 GEL bil in 2001. When compared to Georgia's main peers, retail deposits in Armenia amounted to 490 AMD bil, 4.12 AZN bil in Azerbaijan, 11,737 RUB bil in Russia and 391 TRY bil in Turkey in 2011.
Georgia has been ranked 65th within the group of 68 countries we follow in terms of retail deposits, 34 places behind the position seen 10 years ago.
A bank retail deposit is money placed into a banking institution for safekeeping by physical persons.