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June Records Growth in Bank Sector's Assets

June Records Growth in Bank Sector’s Assets

The bank sector’s assets in June rose by 9% month on month and totaled 25.274 billion GEL in January-June 2016.

The Georgian bank sector registers 19 commercial banks, including 17 ones with foreign capital co-participation and one – a branch of foreign commercial banks.

Two leading commercial banks control 60% of assets.

1 Bank of Georgia 8.469 billion
2 TBC Bank 6.541 billion
3 Bank Republic 1.670 billion
4 Liberty Bank 1.587 billion
5 VTB Bank 1.336 billion
6 Cartu Bank 1.261 billion
7 ProCredit Bank 1.223 billion