Georgia Interest Rates

The Georgian economy with a population of 4.9 Million (Est 2013 census) ranks 112th in the world with a GDP PPP of 27.6 billion and GDP PPP per capita of 6,145 vs 53,101 (United States) according to the IMF in 2013. The national currency issued by the National Bank of Georgia is the Georgian lari (GEL). Within the country banks name their savings ptoducts 'savings deposit' accounts (floating rate) 'term deposits' (fixed interest rate & term) accounts. The website estimates that the annual inflation rate/CPI was -0.5% in 2013 and -0.9% in 2012.

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Georgia Banks

Showing rates for 5 Bank deposit providers in Georgia.
Bank Branch Founded Ownership
Bank of Georgia Bank Of Georgia 164 1994 Local
ProCredit Bank Georgia ProCredit Bank Georgia 48 1999 Foreign
Bank Republic Georgia Bank Republic Georgia 40 1991 Foreign
Basisbank Basisbank 17 1993 Foreign
Liberty Bank Liberty Bank 2002 Local

Georgia Discussion Activity

  • Deposits
    Q: Which is the nationalised bank giving the best interest for long term fixed deposits? Can the interest and money be withdrawn without paying tax?

    Varghese from Oman
  • Deposits
    Q: Dear Sir / Madam , I am living in Hungary and I would like to ask what is the process to open deposits at the Liberty Bank . Do I need to visit there to open or you have ready other option . Also , can you tell me please what is the current Capital gain tax to pay for non residents ?? Kind regards Sandor Boros

    Sandor from United Kingdom
  • Deposits
    Q: How can I deposited money in libertybank in Georgia from Oman?

    Sampaje from Oman
  • ProCredit Bank Georgia
    Q: Greetings I wanted to find out about the bank in Ukraine. Did you know that they are difficult or proceedings against the bank began closing? Why that located in Georgia does not appear under the category of the State of Georgia, wanted to see more about them through your website. Sincerely Michaeli Eli

    Eli from Israel