Commercial Banks Finished August in Net Profits of GEL 96.363 million

Commercial banks have finished the month of August in net profits of GEL 96.363 million, up GEL 32.870 million compared to July 2020 (GEL 63.493 million).

According to statistics published by the National Bank of Georgia (NBG), in August 2020, commercial banks have collected GEL 3.843 million from fines; net profits/losses from conversion operations marked GEL -71.858 million.

At the same time, the incomes of commercial banks form commission fees and services marked GEL 30.976 million in July 2020. Incomes of commercial banks in August 2020 marked GEL 399.995 million, including proceeds from interest rates, amounted to GEL 330.845 million.

At the same time, the total expenditures of commercial banks in August 2020 made up GEL 293.344 million. In 2019, the net profits of commercial banks marked GEL 953.635 million.

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Commercial Banks Finished August in Net Profits of GEL 96.363 million

Commercial banks have finished the month of August in net profits of GEL 96.363 million, up GEL 32.870 million compared to July 2020 (GEL 63.493 million).

Last 7 Days Hot Topic

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Commercial Banks Finished August in Net Profits of GEL 96.363 million

Commercial banks have finished the month of August in net profits of GEL 96.363 million, up GEL 32.870 million compared to July 2020 (GEL 63.493 million).

Last 7 Days Hot Topic

The restaurant "Drzlebi" Located in Terjola, will Reopen in May 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

Hereti Global Starts Exporting Wine to the United States 03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 04

Beer Production Hits Record High in Georgia 05

Startup Georgia Resumes Funding for Innovation-Driving Projects 06

The restaurant "Drzlebi" Located in Terjola, will Reopen in May
01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

Hereti Global Starts Exporting Wine to the United States
03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
04

Beer Production Hits Record High in Georgia
05

Startup Georgia Resumes Funding for Innovation-Driving Projects
06