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Tag Archives: Cartu Bank

Cartu Bank Ends January-April Period in Losses

Cartu Bank Ends January-April Period in Losses

Cartu Bank tops the list of commercial banks with negative coefficient. As of May 1, Return on Assets (ROA) accounts for 0.33%, while Return on Equity totaled 1.63%. Cartu Bank ranks third on Georgian market in terms of capital volume. Assets 1 172 813 322 Loans  813 023 029 Deposits …

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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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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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Cartu Bank Profits Marked 5.6 million GEL as of May 1

Cartu Bank Profits Marked 5.6 million GEL as of May 1

Cartu Bank profits marked 5.6 million GEL as of May 1 and the bank’s ratio in total profits of commercial banks (296.6 million GEL) made up 1.9%. Profitability coefficient considerably worsened in April. Return on Equity (ROE) made up 8.61%; Return on Assets (ROA) totaled 1.41% (Q1/2017 -11.2%; 1.77%). The …

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Bank of Georgia Records Highest ROE

Bank of Georgia Records Highest ROE

Bank of Georgia has recorded the highest return on equity (ROE). Cartu bank emerged as an only organization among commercial banks with major supervisory capital that worsened Return on Equity. Currently, Cartu Bank has negative balance on ROE.     GEL % 1 TBC Bank 1.455.000 15.05 2 Bank of …

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Bank of Georgia is Leader in Rating of Billionaire Banks

Bank of Georgia is Leader in Rating of Billionaire Banks

Ratio of billionaire commercial banks has increased to 89% as of December 1, 2016. 01.12.16 1 Bank of Georgia 9,254,088 2 TBC Bank 8,466,359 3 Bank Republic 1,842,461 4 Liberty Bank 1,644,000 5 VTB Bank 1,428,852 5 ProCredit Bank 1,322,100 5 Cartu Bank 1,249,257

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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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