05.Feb .2020 18:46

TBC Bank had the Highest Net Profit of 392 MLN in 2019 – Banks’ Rating

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According to the NBG, TBC Bank ranks as the 1st by the net profit of 392 million GEL in 2019. Bank of Georgia with assets of 17 billion occupies the 2nd place. Net profit of the bank has totaled to 390.4 million GEL in 2019.

Liberty Bank closes the TOP-3 of banks by the largest assets.

As of the NBG’s statistics, merely two banks: Silk Road Bank and Pasha Bank have a loss. Pasha Bank had a loss of 8 million GEL in 2019, while Silk Road Bank – 210 thousand GEL.

Rating of Commercial Banks by net profit:

1. TBC Bank - GEL 392,114,132;
2. Bank of Georgia - GEL 390,435,262;
3. Credo Bank - GEL 27,699,088;
4. Liberty Bank - GEL 26,832,117;
5. BasisBank - GEL 24,830,002;
6. ProCredit Bank - GEL 23,131,243;
7. Cartu Bank - GEL 22,449,122;
8. Terabanks - GEL 20,241,573;
9. "VTB Bank" - GEL 13,656,751;
10 "Halyk Bank Georgia" - 7,647,408 GEL;
11. "Ish Bank Georgia" - 5,807,767 GEL;
12. Ziraat Bank Georgia - GEL 3,471,759;
13. FINCA Bank Georgia - GEL 3,398,621;
14. "Silk Road Bank" - minus 210,554 GEL;
15. "Pasha Bank Georgia" - minus GEL 8,209,436.