Commercial banks operating in the region generated a net profit of 2.85 billion GEL during 11 months of 2024, which was 321 million GEL or 12.7% more than in the same period of the previous year.
According to the financial indicators submitted to the National Bank, "Bank of Georgia" is on the first place in terms of net profit, which generated a net profit of 1.4 billion GEL in 11M2024, "TBC" occupies the second position with 1.08 billion GEL, and "Liberty" is in third place with a profit of 102 million GEL.
According to statistics, 4 commercial banks are at a loss instead of profit, among which "Silk Bank" has suffered the largest loss of 11 million GEL, "Hash Bank" is also at a loss with 4 million GEL, "Paysera " with 1 million GEL and "Pavebank" with 1 million GEL.
Bank Profit as of 11M2024:
- Bank of Georgia - 1,399 million GEL;
- TBC Bank - 1,079 million GEL;
- Liberty Bank - 102 million GEL;
- Basisbank - 72 million GEL;
- Credo Bank - 58 million GEL;
- Cartu Bank - 42 million GEL;
- ProCredit Bank - 30 million GEL;
- Terbank - 29 million GEL;
- Halyk Bank 18 million GEL;
- Isbank - 13 million GEL;
- VTB Bank - 11 million GEL;
- Pashabank - 8 million GEL;
- 13. Ziraat Bank - 5 million GEL;
- Pave Bank - (-)1 million GEL
- Paysera - (-)1 million GEL;
- Hashbank - (-) 4 million GEL
- Silk Bank - (-) 11 million GEL.
