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Home / Banking / Problem Loans in October Increased by 726 Mln in Banking Sector

Problem Loans in October Increased by 726 Mln in Banking Sector

Problem loans in the banking sector increased by 726 million GEL (Q3 / 2017 – 660 mln) in October, the growth is partially caused by exchanging course, as the Georgian Lari’s equivalent depreciates in the equivalent of the dollar.

The share of non-performing loans in respect of the total portfolio of banks is at the lowest level of 3.45%.

01.11.2107

(Mln) Billion (₾)
1 TBC Bank 378.7 8.097
2 Bank of Georgia 367.6 6.751
3 Procredit Bank  34.7 0.986
4 VTB Bank  56.4 0.953
5 Liberty Bank 102.7 0.914
6 Cartu Bank 116.1 0.816
7 Basis Bank   31.8 0.733
8 Tera Bank  41.9 0.543
9 Credo  12.5 0.487

Source: Commercial Banks