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Bank Sector’s Net Profits Rose by 31 million GEL Month on Month

Bank sector’s net profits marked 83.3 million GEL, up 31 million GEL month on month (+37.3% month on month) and up 1.5 times year on year (+73.7 million GEL; up 56% year on year).

As of April 1, fifteen commercial banks ended the first quarter in profits – 258 million GEL.

 

  Million
March 115.135
February 83.837
January 58.813
December (2016) 112 517
November 34 408
October 48 000