Home / Banking / Commercial Banks Earn 114.9mln GEL from Currency Exchange Operations in 1H17
Commercial Banks Earn 114.9mln GEL from Currency Exchange Operations in 1H17

Commercial Banks Earn 114.9mln GEL from Currency Exchange Operations in 1H17

Commercial banks’ earnings from currency exchange operations has grown. In the first half of 217 their profits made up 114 953 959 GEL. The figure marked 58 382 400 GEL in the first quarter of 2017.

Top 10 commercial banks in terms of profits from currency exchange operation in the first quarter of 2017.

1 – TBC Bank – 21 382 068 GEL

2 – Bank of Georgia – 19 115 633 GEL

3 – VTB Bank – 4 356 975 GEL

4 – Bank Republic – 4 082 335 GEL

5 – Cartu Bank – 2 556 845 GEL

6 – ProCredit Bank – 2 390 051 GEL

7 – Basisbank – 1 008 537 GEL

8 – Terabank –  978 577 GEL

9 – Halyk Bank – 781 373 GEL

10 -Ziraat Bank Georgia – 531 704 GEL

Top 10 commercial banks in terms of profits from currency exchange operations in the first half of 2017 (114 953 959 GEL).

1 – TBC Bank – 48 405 719 GEL

2 – Bank of Georgia – 40 235 523 GEL

3 – VTB Bank – 6 956 687 GEL

4 – ProCredit Bank – 5 499 453 GEL

5 – Terrabank – 4 672 828 GEL

6 – Cartu Bank – 3 905 672 GEL

7 – Basisbank – 1 830 303 GEL

8 – Halyk Bank Georgia – 1 051 285 GEL

9 – International Bank of Azerbaijan – 759 552 GEL

10 – Pasha Bank –  582 389 GEL