Tbilisi (GBC) - The profitability ratio of Return On Assets (ROA) of the banking sector worsened, insignificantly.
As of 01.01.2023, the ratio of return on assets (ROA) is 3.23% (01.01.2022 – 3.59%), although the decrease is the effect of sanctioned VTB losses (-6%).
The assets of banks have increased by 16% annually and exceed 70 billion (01.01.2022 – ₾ 60,568 billion).
Commercial Banks By Assets And ROA (01.01.2023)
Assets (GEL) ROA
26,625,502.000 Bank of Georgia 3.79%
27,491,902,000 TBC Bank 3.63%
3,623,272,000 Liberty Bank 3.79%
3,623,272,000 Basis Bank 2.03%
2,204,023,000 Credo 1.74%
1,726,761,000 ProCredit Bank 2.73%
1,484,525.000 Cartu Bank 3.68%