Economy
Posted:
3 years ago
TBC Bank is Leader – Rating of Commercial Banks in terms of Assets
Assets of commercial banks have shrunk by GEL 197 million to GEL 50.98 billion (in the current prices). The slowdown marked 0.39% (without the exchange rate effect – 0.01%).
The banking sector’s stock capital amounted to GEL 5.38 billion, that is, 10.55% of total assets of commercial banks.
TOP five commercial banks in terms of assets:
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TBC Bank — GEL 19,694,904,000;
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Bank of Georgia — GEL 17,982,612,000;
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Liberty Bank — GEL 2,620,170, 000;
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VTB Bank — GEL 1,864,515,000;
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Basisbank — GEL 1,650,020,000.
As for September 1, 2020, the Georgian banking sector registers 15 commercial banks, including 14 ones with foreign capital in the authorized capital.