Tbilisi (GBC) - The banking sector has paused the growth of lending. As of 01.01.2023, the annual (Y.Y) increase is 4%, with the effect of exchange rate (excluding +12%Y.Y)
The portfolio of Basisbank is the largest in the sector (01.01.2022 – GEL 1.255 billion). Chinese Hualing Group Bank took over part of the sanctioned VTB loans. A part went to Liberty, whose loan portfolio last year was less than 2 billion (01.01.2022 – GEL 1.975 billion).
Arab sheikhs' Tera Bank joined the billionaires with 1.07 billion GEL credit investments.
TOP-7 Billionaire Bank
2022
2021
|
000 GEL |
Billion GEL |
TBC Bank |
17,834,149 |
16.7 |
Bank of Georgia |
16,316,961 |
15.4 |
Liberty Bank |
2,501,952 |
1,98 |
Basis Bank |
2,076,335 |
1,25 |
Credo Bank |
1,792,622 |
1.5 |
ProCredit Bank |
1,150,714 |
1.35 |
Tera Bank |
1,074,140 |
0,97 |
Bank Cartu |
760,271 |
0.97 |