Georgia’s two microbanks had a combined loan portfolio of GEL 768.1 million in the first nine months of 2026, up by 5.5% year-on-year, according to financial data submitted to the National Bank of Georgia.
Crystal’s loan portfolio totaled GEL 610.9 million, while MBC’s outstanding loans amounted to GEL 157.2 million.
The microbanks’ combined deposit portfolio reached GEL 77.5 million over the nine-month period, nearly three times the level recorded a year earlier. Crystal held GEL 56.4 million in deposits, while MBC’s portfolio stood at GEL 21.1 million.
Crystal reported net profit of GEL 10.7 million for the first nine months of 2026, compared with GEL 2.9 million for MBC.
The National Bank of Georgia issued the country’s first microbank license in December 2024. Crystal and MBC are currently the only two microbanks operating in Georgia.
