E-auction system has been implemented in NBE since February 2011. E-auction-related data is posted on the website www.eauction.ge and any interested individual can search the relevant information and purchase the desired item worldwide. Since the implementation of the electronic system over 2000 lots have been sold in online regime at NBE-announced auctions during 4 months (February-May). 30 of them were commercial plots, 305 - premises and plots of land, 160 - flats, 200 - automobiles and 1341 - movable items of other categories.
After the implementation of the electronic system number of unrealized lots has considerably decreased. In april 2011, 15 out of 19 commercial plots put up to auction were sold, 155 out of 156 premises and plots of land, 95 out of 100 flats, 115 out of 116 cars, 1005 movable items of other categories out of 1065 were realized. The online system has raised the number of interested individuals that are willing to participate in NBE-announced E-auctions. Consequently, number of realized lots has increased in comparison with the lots of ordinary auctions. 6 commercial plots have been realized in a month at ordinary auctions, while 5 of them were realized at E-auctions. also 56 dwellings and plots of land, 37 flats, 28 cars and 43 other movable items were sold at ordinary auctions, whereas 66 dwellings and plots of land, 50 flats, 81 cars and 554 other movable items have been realized electronically.