The Banking Association of Georgia expects commercial banks to reach a total profit of GEL 3.3 billion by the end of 2025.
According to David Rusia, the Association’s Analytical Director, sector assets grew by approximately 10% over the first 11 months, with double-digit growth anticipated for the full year. Loan growth, particularly in retail and corporate lending, drove the expansion, while efforts to reduce dollarization showed results in both loans and deposits.
“Loans grew at a faster pace, especially corporate lending in November, surpassing SME and microloans. Steps to reduce dollarization are producing results and are expected to continue into 2026, in line with recommendations from Moody’s and other rating agencies,” Rusia stated.
The banking system earned GEL 2.98 billion in the first 11 months of 2025, up 4% from the same period last year. With taxes paid on profits, the system is expected to close the year with even higher profitability, reflecting improved ROE and share performance on the London Stock Exchange.
