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Bank Sector Transferred 80 million GEL Profits Tax to State Budget in 2016

In 2016 Georgian Bank sector remitted 79.3 million GEL to state budget, up 67.5 million GEL compared to 2015 and down 79.9 million GEL compared to 2014.

At the same time, the sector had to take unexpected expenditures too of 60.9 million GEL.

In whole, the sector revenues in 2016 marked 3.4 billion GEL (3.5 billion GEL in 2015) and expenditures totaled 2.6 billion GEL (2.8 billion GEL in 2015).