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.
See all the news
Silknet signed Memorandum of Understanding with Global Communications Company One Web
Reuters: Dutch city tells floating Georgian monastery to cast off
The NBG hiked further as the GEL stays undervalued
World Bank expects slowdown of Georgia's economic growth in Q4 of 2019
Georgia-Estonia Business Forum is Held Today
Nestle Sees $250 Million Boost for Starbucks Products
GDP will be Calculated by the Updated Methodology from Today – What the Reform Will Cause
BM.GE: Giorgi Gakharia has selected a new business ombudsman
Tourist Number Hits a Record within 10Months and Exceeds 8 MLN Despite Putin’s Flight Ban
Galt & Taggart does not rule out slowdown of economic growth to 4% in 2020
Mamuka Khazaradze: finally, I also found out what we were accused of
Salmonella detected in frozen chicken meat imported from Ukraine
Talakvadze about Tskaltubo Development Project: special rules won’t apply to Ivanishvili
m2: we do not have any plans for Center Point at this stage
Georgia Capital to open 6 new hotels in Georgia under the new brand Amber Group
The CEO of m2 Group is changed - Shota Berekashvili replaces Irakli Burdiladze
The 30 Top Emerging Travel Destinations for 2020
"We hold rather comfortable shares on the market " – Does TBC Bank want to Buy Cartu?
Interview with Ahmed Bin Sulayem - Executive Chairman and CEO of DMCC
Agreement signed between Silknet and Euronews to launch “Euronews Georgia”