Microbank Crystal expects a 15% increase in its credit portfolio by the end of 2025, in line with the overall market trend.
According to Archil Bakuradze, Chairman of the Supervisory Board of Crystal, the institution’s lending activity remains stable, with no signs of slowdown following the acquisition of its microbank license. The organization continues to prioritize business lending, particularly in the agricultural sector.
“Our lending pace is developing as planned, we’re pursuing a moderate growth strategy while keeping a close eye on asset quality, which is critical. Profitability is moderate, as expected. We are now focused on expanding our banking services, including accounts, transaction services, and most importantly, deposits. The results so far are very promising, and customer interest in our new offerings is strong,” said Bakuradze.
He added that Crystal aims for around 15% growth in its loan portfolio this year, roughly matching the market average.
“Our main focus is on business loans rather than consumer lending, although we continue to offer relevant products. The agricultural sector remains a key priority, and I believe we can contribute even more to its development. This sector requires a strategic approach from financial institutions, and I am optimistic about the growth of agriculture and the broader food ecosystem,” Bakuradze noted.
Currently, there are two licensed microbanks operating in Georgia: Crystal and MBC. Under existing regulations, microbanks are authorized to issue loans of up to GEL 1 million per borrower.
