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Top Banks by Profit

613734574f14e
Natia Taktakishvili
07.09.21 15:30
638
Georgian banks’ net profit hit a record high in 1H2021. 15 commercial banks received a profit of 1.06 billion GEL in total, which exceeded the rates of 2020, as well as 2019.

According to the National Bank of Georgia (NBG), TBC Bank earned the largest profit in 1H2021, which totaled to 485.8 million GEL. TBC Bank is followed by Bank of Georgia in the ranking with a profit of 434.8 million GEL. 90% of total profit of the sector accounts for three largest banks.

Rating of Georgian Banks According To Profit 1H2021

1. TBC Bank - net profit of 485,819,370 GEL;
2. Bank of Georgia - net profit of GEL 434,871,593;
3. Liberty Bank - net profit of 23,247,257 GEL;
4. VTB Bank Georgia - net profit of 19,366,015 GEL;
5. ProCredit Bank - net profit of 19,351,459 GEL;
6. Credo Bank - net profit of 16,529,589 GEL;
7. Cartu Bank - net profit of 16,002,231 GEL;
8. Basisbank - net profit of 15,622,275 GEL;
9. Terabank - net profit of 15,032,351 GEL;
10. Halyk Bank Georgia - net profit of GEL 7,648,239;
11. IsBank Georgia - net profit of 5,414,106 GEL;
12. Finca Bank Georgia - net profit of GEL 1,005,671;
13. Ziraat Bank Georgia - net profit of 912,862 GEL;
14. Silk Road Bank - net profit of 226,620 GEL;
15. Pasha Bank Georgia - loss of -1,426,094 GEL.