Liberty's Portfolio Exceeded ₾2.2 Billion

Competition in the SME lending market is growing.

With the relocation of VTB Bank Retail and Corporate (Small and Medium Business) cases to Basisbank and Liberty Bank, the TOP-7 of major lending banks has changed.

Liberty consolidated its position, with its portfolio consisting mainly of retail products (> 1.1 billion). With small and medium business loans purchased from VTB, it will exceed 2.2 billion GEL.

Basisbank's credit investment has already reached GEL 2 billion. The bank of the Chinese Hualing Group has taken over the 600 million retail cases of VTB and the same volume of retail deposits. The market expects Basisbank to move to 3rd place in business loans.

Liberty on Monday announced the volume of loans to legal entities acquired from VTB. VTB remains a few in the corporate portfolio so far.

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Liberty's Portfolio Exceeded ₾2.2 Billion

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
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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
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