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Silk Road Bank Turns Profitbale in July

Silk Road Bank Turns Profitbale in July

Silk Road Bank has turned profitable in the month of July and reduced losses to 0.5 million GEL.

Assets and deposits have increased ( +18% m.m; +50% m.m ).

  07.08.16 H1/16
  GEL GEL
Profits (Losses) 477 118 (1 532 375)
Assets 61 780 899 52 168 569
Deposits 29 073 314 19 332 685
Loans 11  984 052 12 586 014