TOP Banks In Georgia By Profit

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29.Mar .2023 14:00

TOP Banks In Georgia By Profit

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Author:Natia Taktakishvili

15 commercial banks, operating in Georgia, earned a profit of GEL 384 million in total for January-February of 2023.

According to the data submitted to the National Bank, Bank of Georgi earned the highest profit of GEL 182 million in this year, followed by TBC Bank with a profit of GEL 130 million. The third place is occupied by Credo Bank with a profit of GEL 18 million.

In addition, three commercial banks are at a loss instead of a profit.

Rating of Georgian Banks by Net Profit in 2M2023:

1. Bank of Georgia - GEL 182.2 million;
2. TBC Bank - GEL 130.1 million;
3. Credo Bank - GEL 18 million;
4. Liberty Bank - GEL 12.3 million;
5. VTB Bank - GEL 7.9 million;
6. Khalik Bank - GEL 7.4 million;
7. Basis Bank - GEL 7.2 million;
8. Procredit Bank - GEL 6.7 million;
9. Terbank - GEL 5.5 million;
10. Cartu Bank - GEL 3.3 million;
11. Isbank - GEL 3.1 million;
12. Ziraat Bank - GEL 1.3 million;
13. Paysera - GEL -0.1 million (loss);
14. Pasha Bank - GEL -0.2 million (loss);
15. Silk Bank - GEL -0.6 million (loss).