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Liberty Bank Tops Rating of Commercial Banks

Liberty Bank Tops Rating of Commercial Banks

Crediting portfolio of commercial banks marked 19.316 billion GEL as of July 1 (H1/2017). Larization coefficient is 41.01%  (01.06.2017 – 18.7 billion; + 3.2% m.m; 40.1%).

According to National Bank of Georgia (NBG), GEL-denominated loans portfolio rose by 256 million GEL (+3.4 month on moth), while foreign currency denominated loans rose by 44 million GEL (+0.4% month on month).

Liberty Bank is leader in terms of growth pace (+3% month on month) and Basisbank’s upturn constituted +2.3%.

H1/2017 01.06.2017
1 TBC Bank 7 381 189 7 259 226
2 Bank of Georgia 6 114 513 6 146 029
3 VTB Bank 923 170 902 978
4 ProCredit Bank 893 086 881 640
5 Liberty Bank 853 800 829 100
6 Cartu Bank 829 815 821 362
7 Basisbank 610 697 596 567