Weekly Bulletin

29 Mar, 2021
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  • Q4 2020 GDP growth came in at -6.8% YoY, slightly below the initial estimate of -6.5% YoY
  • For the whole year, the real GDP growth declined by 6.2% YoY
  • The annual growth rate of bank loans decreased by 0.6 PP MoM to 8.3%
  • Bank deposits increased by 21.2 % YoY to GEL 36.7bn as of February 2021
  • The NBG sold USD 40mln on 22 March, 2021, continuing interventions in the FX market
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