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Banking Sector Profits Keep Growing – Rating of Profitable Banks

The banking sector’s profits rose by 19.5% in May month on month, while in April the monthly growth constituted 15%.

Fourteen commercial banks ended the month of May in profits. Ratio of top leading commercial banks in total profits is 90.4%, while ratio of Bank of Georgia and and TBC Bank accounts for 79%.

TOP-5 (01.06.2017)

2017
Million
Bank of Georgia 171 654  (+20.8%m.m)
TBC Bank 106 757   (+46%m.m)
Liberty Bank 15.144     (-23%m.m)
VTB Bank 14.331      (+27%m.m)
Basisbank 12.185      (+5.5%m.m)