http://www.republic.ge/index.php?sec_id=460&lang_id=ENG
The above links to Bank Republic, one of many stable banks in the Republic of Georgia.
Interests rates are 7.5% for 3 months terms, and 10% for 12 months terms in Georgian Lari. In USD it is 5% and 7% respectively. The currency rate has been solid for years, and the inflation rate is below 2%. Growth is anemic by Georgian standards, 6% to 8% depending upon the numbers, due to high costs of capital. The interest rates on loans to favored companies is 24%, thus the high interest rates on deposits.
Are the interest rates still so good in Georgia?
No. They have come down dramatically. Still better than you can get in Europe and the USA, but not the double digit returns.
Yes, the interest rates on any substantial amount in Croatia are pathetic, actually when you figure in inflation you hardly get any return, it’s better to just invest in stocks (in Croatia’s case of the best tourism companies, since tourism seems to be the one sector our politicians can’t ruin no matter how hard they try) or something.