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Basisbank Profits Grew in February

Basisbank Profits Grew in February

Basisbank profits constituted 4.212 million GEL as of March 1. The figure put the bank on the sixth position with a 3% ratio among 12 profitable banks (3.429 million GEL as of March 1, 2016; 8%).

The Bank finished the January to February period with a high index of profitability. ROE equaled 14.81% and ROA totaled 2.80% (ROE – 14.11%  and ROA – 2.73% as of March 1, 2016).

  01.03.16 01.03.15
Assets 890 million 722 million
Loans 581 million 470 million
Deposits 442 million 447 million
Profits 4.2 million 3.4 million