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%.
|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)|