Home / Banking / Silk Road Bank fixed 2.4mln GEL profit in 7 Months

Silk Road Bank fixed 2.4mln GEL profit in 7 Months

By August 1, Clients’ deposits (without banks’ deposits) amounted to 24, 1 million lari, credit portfolio was defined by 19, 3 million lari, of it 88% – 16, 9 million lari accounts for foreign currency.

Reserves are defined by 2, 4 million lari and 12% of portfolio. Assets of the bank made up 91 million lari (H1 – 94, 4 million). Stock capital of “Silk Road Bank” is 31, 3 million lari.

Former BTA Bank was renamed as “Silk Road Bank” after Kazakh shareholder left the bank and co-owner, Silk Road Group became single owner.

Beneficiaries of the bank are Unarus Holding (Malta) – 99, 99%. Among them: Giorgi Ramishvili – 61, 99%, Aleksi Topuria – 28, 5%, David Franc Borger (Germany) – 9, 5%.