Georgia: $17.9 billion loaned in March 2023

Commercial banks in Georgia loaned GEL 44.87 billion ($17.9 billion) and received deposits of GEL 43.34 billion ($17.3 billion) in March, the latest data from the National Bank of Georgia showed. The volume of loans increased by 0.93% MoM, while the number of deposits decreased by 0.62%. Last month, the volume of term deposits increased…

Poland: banking sector safe

Mateusz Morawiecki, the Polish Prime Minister, has said that the Polish banking system is safe despite anxiety in the financial markets caused by concerns over the health of the global banking sector. The share prices of banks across Europe have fallen recently following a rushed takeover of Swiss banking giant Credit Suisse and the collapse…