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The Banking Sector Has a Profit of 0,5 Billion GEL

Out of 16 operating banks by August 1st  (01.08.2017) 15 is profitable ∑ 519.5 mln. ₾ (H1/2017 – ∑ 448.8 mln. ₾).  15 was profitable in the first part of year as well(H1/2017)

Azerbaijan International Bank replaced Isbank in July (loss – 335 000 ₾). Turkish Isbank profited 80 000 GEL  (H1/2017 –loss: 834 000 ₾).

01.08.2017 ●H1/2017

Profitable mln mln
Bank of Georgia 273.985 208 .420
TBC Bank 170.271 149. 478
Liberty Bank   24.539   20.200
VTB Bank   19.771   15.785
Kartu Bank   13.892   10.549
Procredit Bank    10.662     6.534
Terabank     8.363     7.929
Halyk Bank    8.112 7.167
∑ 519.5 ∑448.760

Source: Commercial Banks