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Rating of Commercial Banks in December

Rating of Commercial Banks in December

Consolidated profits of the bank sector exceeded 152.5 million GEL in December 2017. All commercial banks finished the month of December in profits, including Silk Road Bank. However, the latter bank’s annual losses constituted 495 555 GEL. The Georgian banking sector consists of 16 commercial banks, including 15 ones with …

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Assets of Commercial Banks Totaled 30.5bln GEL as of August First

Assets of commercial banks amounted to 30.5bln GEL as of August 1. According to the National Bank’s statistics, total assets (in current prices) rose by 0.3bln GEL in July (+0.8 month on month). Own funds of commercial banks amounted to 4.1bln GEL (13.4% of assets). Basisbank advanced to the 6th …

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Basisbank Expands Network of Service Centers

Basisbank has expanded its network of service centers. The new service center N1 has opened in Zugdidi. Currently, the bank owns one service center in Gori, Kutaisi and Telavi, 3 service centers in Batumi. In whole, the bank manages 22 service centers all over Georgia. In June Basisbank renovated several …

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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 …

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Basisbank Profits Grew in February

Basisbank Profits Grew in February

Basisbank profits constituted 4.212 million GEL as of March 1. The figure put the bank on the sixth position with a 3% ratio among 12 profitable banks (3.429 million GEL as of March 1, 2016; 8%). The Bank finished the January to February period with a high index of profitability. …

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The Most Profitable Banks in Georgia

Georgian Bank Sector includes 17 commercial banks.  15 of them are represented in the statutory capital with the representation of foreign capital and one of them is presented with the branch of foreign bank. According to the third quarter data, TBC bank has the highest profit which amounts to 183 …

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Rating of Commercial Banks in terms of Crediting Industry Sector

Rating of Commercial Banks in terms of Crediting Industry Sector

The ratio of industry sector crediting in total loan portfolio has increased by 11.7% year on year. In January-June 2016 the ratio of this component in the portfolio of legal entities made up 23.9% (22.3% in January-June 2015). Total portfolio accounts for 1.823 billion GEL (1.628 billion GEL in H1/15; …

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