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Home / Banking / Commercial Banks Issued 15 billion GEL Mortgage Loans in 2017
Cartu Bank Profits Marked 5.6 million GEL as of May 1

Commercial Banks Issued 15 billion GEL Mortgage Loans in 2017

In 2017 commercial banks issued 14.993 801 billion GEL mortgaged loans secured by residential spaces, according to the financial reports published by commercial banks for the fourth quarter of 2017.

Namely, TBC Bank issued 6.080 480 billion GEL mortgage loans. Bank of Georgia – 5.689 112 billion GEL mortgage loans, VTB Bank – 875 781 710 GEL mortgage loans.

As to 2016, commercial banks issued 1.126 082 billion GEL mortgage loans secured by real estate.