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Commercial Banks’ Profits Rose by 70 million GEL in May

In May 2018 the Georgian banking sector’s profits made up 68 million GEL, up 13% month on month (60 million GEL profits in April 2018).

The Georgian banking sector registers 13 profitable banks with ∑364 million as of April 1, 2018 (∑292 million as of May 1, 2018).

Statistics of the sector’s May profits due to years:

  • May of 2018 – 68 269 million GEL
  • May of 2017 – 56 688 million GEL
  • f 2016 – 74 029 million GEL
  • May of 2015 – 70 799 million GEL
  • May of 2014 – 17 697 million GEL